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Hot Wheels is a new 1:64, 1:43, 1:18 and 1:50 scale wracking toy automobiles introduced by American toy manufacturer Mattel in 1968. It was the main competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were originally intended for children and young adults, so they’ve become popular with mature collectors, for whom limited edition models are currently made accessible.
Racing track set
Along with the cars themselves, Mattel made a racing track set (sold individually). Though it could be updated throughout the years, the original track consisted of a collection of brightly colored orange road segments (pieced together to make an oblong, circular race track), together with a single (or sometimes two) “super walkers” (artificial service stations through 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 have been collected mostly by children, but in the previous 15 years[vague] there’s been an increase in the amount of adult collectors. Mattel estimates that 41 million children grew up playing with the toys, the typical collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have a mean of 41 automobiles. Most believe the collecting craze started with this Treasure Hunts in 1995. Mike Strauss was known as the father of Hot Wheels amassing; he has arranged two collectors’ occasions each year in some form since 1986. The first event was the Annual Hot Wheels Collectors Convention, generally held every year at the fall. The convention 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 during 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. He also writes on the Tomart’s Guide To Hot Wheels, a publication listing history, automobile descriptions and values, which can be used by almost every collector to find out more about the hobby along with their collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.
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