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It had been the main competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, allowing the use of initial design patterns and detailing. Though Hot Wheels were originally intended for kids and young adults, they have become popular with mature lovers, for whom limited edition versions are now made accessible.
Racing track Collection
In addition to the cars themselves, Mattel produced a racing track set (sold separately). Even though it could be updated throughout the years, the original trail consisted of a collection of brightly colored orange street sections (pieced together to form an oblong( circular race track), using one (or sometimes two) “super walkers” (faux service channels by which cars passed onto the tracks, featuring battery-powered spinning wheels( which could propel the cars along the tracks).
Through the years, Hot Wheels cars are collected mostly by kids, but at the last 15 years[vague] there’s been a growth in the number of mature collectors. Mattel estimates that 41 million kids grew up playing with the toys, the ordinary collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting craze began with the Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels collecting; he’s arranged two collectors’ occasions annually in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, usually held every year at the fall. The convention happened in various locations around the nation before 2001, once the very first Annual Hot Wheels Collectors Nationals was assembled together. Since then, the Conventions are held each year in southern California. 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 among the very first to combine collectors all around the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a publication listing history, automobile descriptions and worth, which is used by nearly every collector to find out more about the hobby and their collection. Strauss sold his collection in 2011 and retired in the Hot Wheels Newsletter.
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