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It had been the primary competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were initially intended for kids and young adults, so they have become popular with mature lovers, for whom limited edition versions are currently made accessible.
Racing track Collection
In addition to the cars themselves, Mattel made a racing track set (sold individually). Even though it could be upgraded throughout the years, the first track consisted of a series of brightly colored orange road sections (pieced together to form an oblong( circular race track), with one (or sometimes two) “super chargers” (artificial service channels through which cars passed onto the paths, including battery-powered spinning wheels, which would propel the cars across the paths).
Through the years, Hot Wheels cars have been gathered mostly by children, but at the last 15 years[vague] there’s been an increase in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the ordinary collector has over 1,550 automobiles, and children between the ages of 5 and 15 have an average of 41 cars. Most believe the collecting craze started with the Treasure Hunts at 1995. Mike Strauss has been called the father of Hot Wheels amassing; he’s arranged two collectors’ events each year in some sort since 1986. The very first event was the Annual Hot Wheels Collectors Convention, usually held each year at the fall. The convention happened in various locations around the country until 2001, once the first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate among cities outside of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the very first to unite collectors all over the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a publication listing history, automobile descriptions and worth, which can be used by almost every collector to find out more about the hobby and also their own collection. Strauss sold his set in 2011 and retired in the Hot Wheels Newsletter.
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