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It had been the key competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were originally intended for kids and young adults, they’ve become popular with adult lovers, such as limited edition versions are now made available.
Racing track Collection
Besides the cars themselves, Mattel produced a racing track record (sold separately). Although it would be updated during time, the original trail consisted of a series of brightly colored orange road segments (pieced together to make an oblong( circular race track), together with one (or sometimes two) “super chargers” (faux service channels by which cars passed on the paths, featuring battery-powered spinning wheels, which would propel the cars across the paths).
Through time, Hot Wheels cars have been collected mostly by children, but at the past 15 years[vague] there has been a rise in the amount of mature collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the typical collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have an average of 41 automobiles. Most believe the collecting trend started with this Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he has organized two collectors’ occasions each year in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, generally held every year at the fall. The convention happened in a variety of locations around the country until 2001, when the very first Annual Hot Wheels Collectors Nationals was set together. Ever since that time, the Conventions are held each year in southern California. The Hot Wheels Collectors Nationals rotate one of cities outside of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and was one of the first to unite collectors all over the world. In addition, he writes on the Tomart’s Guide To Hot Wheels, a book listing history, auto descriptions and worth, which can be used by virtually every collector to learn more about the hobby along with their collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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