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It had been the key 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 their cars, permitting the use of original layout blueprints and detailing. Though Hot Wheels were originally meant for children and young adults, they’ve become popular with mature lovers, such as limited edition versions are currently made available.
Racing track Collection
Along with the cars themselves, Mattel produced a racing track record (sold individually). Although it could be updated throughout time, the first trail consisted of a collection of brightly colored orange road segments (pieced together to make an oblong( circular race track), using one (or sometimes two) “super hitter” (artificial service stations through which cars passed on the tracks, featuring battery-powered spinning wheels, which could propel the cars along the tracks).
Through time, Hot Wheels cars are gathered mostly by kids, but in the last 15 years[vague] there’s been a rise in the number of adult collectors. Mattel estimates that 41 million children grew up playing with all the toys, the typical collector has over 1,550 cars, and kids between the ages of 5 and 15 have a mean of 41 cars. Most consider the collecting trend began with the Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels amassing; he has arranged two collectors’ occasions annually in some form since 1986. The first event was the yearly Hot Wheels Collectors Convention, normally held every year in the fall. The convention happened in various locations around the country until 2001, when the 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 among cities outside of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and worth, which is used by virtually every collector to learn more about the hobby and also their collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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