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It was the main competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many automobile manufacturers have licensed Hot Wheels to make scale models of the cars, allowing using original layout blueprints and detailing. Although Hot Wheels were initially meant for children and young adults, so they’ve become popular with mature lovers, such as limited edition versions are currently made accessible.
Racing track set
Besides the cars themselves, Mattel made a racing track set (sold individually). Though it could be updated throughout the years, the initial track consisted of a collection of brightly colored orange street segments (pieced together to make an oblong( circular race track), with one (or occasionally two) “super walkers” (artificial service channels through which cars passed on the tracks, featuring battery-powered spinning wheels( which would propel the cars across the paths).
Through time, Hot Wheels cars are collected mostly by children, but in the previous 15 years[vague] there’s been a rise in the number of adult collectors. Mattel estimates that 41 million children grew up playing with the toys, the normal collector has over 1,550 cars, and children between the ages of 5 and 15 have a mean of 41 cars. Most consider the collecting craze started with the Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels collecting; he’s organized two collectors’ events annually 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 happened in various locations around the nation before 2001, once the first Annual Hot Wheels Collectors Nationals was set together. 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 released the Rs Hot Wheels Newsletter since 1986 and was among the very first to combine collectors all around the world. In addition, he writes on the Tomart’s Guide To Hot Wheels, a publication listing history, auto descriptions and values, which can be used by almost every collector to learn more about the hobby and also their own collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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