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It had been the primary competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of the cars, allowing the use of original layout patterns and detailing. Even though Hot Wheels were originally intended for children and young adults, they’ve become popular with adult lovers, for whom limited edition models are currently made available.
Racing track set
Along with the cars themselves, Mattel made a racing track set (sold individually). Even though it could be updated during the years, the original track consisted of a set of brightly colored orange street segments (pieced together to form an oblong( circular race track), together with one (or two) “super hitter” (artificial service channels through which cars passed onto the paths, including battery-powered spinning wheels( which could propel the cars across the tracks).
During the years, Hot Wheels cars have been collected mostly by children, but in the previous 15 years[vague] there has been an increase in the amount of mature collectors. Mattel estimates that 41 million children 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 believe the collecting trend started with this Treasure Hunts in 1995. Mike Strauss has been called the father of Hot Wheels collecting; he’s organized two collectors’ occasions annually in some form since 1986. The very first event was the yearly Hot Wheels Collectors Convention, normally held each year in the fall. The convention happened in a variety of locations around the country until 2001, once the very first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate among cities outside of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been among the first to combine collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, automobile descriptions and worth, which is used by virtually every collector to learn more about the hobby and also their collection. Strauss sold his set from 2011 and retired from the Hot Wheels Newsletter.
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