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It had been the primary competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, permitting the use of original layout patterns and detailing. Though Hot Wheels were initially meant for kids and young adults, they have become popular with mature collectors, for whom limited edition models are currently made accessible.
Racing track set
Besides the cars themselves, Mattel made a racing track set (sold separately). Though it would be updated during the years, the original trail consisted of a collection of brightly colored orange road sections (pieced together to make an oblong( circular race track), with one (or sometimes two) “super chargers” (artificial service stations through which cars passed on the tracks, including battery-powered spinning wheels, which would propel the cars across the paths).
Through the years, Hot Wheels cars are gathered mostly by children, but at the past 15 years[vague] there has been a growth in the amount of adult collectors. Mattel estimates that 41 million children grew up playing with all the toys, the typical collector has over 1,550 automobiles, and children between the ages of 5 and 15 have an average of 41 cars. Most consider the collecting craze began with the Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels collecting; he has organized two collectors’ occasions each year in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, usually held every year at the autumn. The conference occurred in a variety of locations around the nation before 2001, once the first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been among the first to combine collectors all over the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a publication listing history, car descriptions and values, which is used by virtually every collector to find out more about the hobby and their collection. Strauss sold his set in 2011 and retired in the Hot Wheels Newsletter.
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