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It had been the primary competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were initially intended for children and young adults, they’ve become popular with adult lovers, such as limited edition versions are now made accessible.
Racing track Collection
In addition to the cars themselves, Mattel produced a racing track record (sold separately). Even though it could be updated throughout time, the original trail consisted of a string of brightly colored orange street segments (pieced together to make an oblong( circular race track), using a single (or occasionally two) “super chargers” (artificial service stations by which cars passed on the tracks, including battery-powered spinning wheels, which would propel the cars across the tracks).
Through the years, Hot Wheels cars are gathered mostly by kids, but at the previous 15 years[vague] there has been an increase in the number of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the normal collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting trend began with this Treasure Hunts in 1995. Mike Strauss was known as the father of Hot Wheels collecting; he has organized two collectors’ events annually in some form since 1986. The very first event was the yearly Hot Wheels Collectors Convention, usually held each year in the autumn. The conference occurred in a variety of locations around the nation before 2001, when the first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate one of cities out of California through the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been among the first to unite collectors all around the world. He also writes the Tomart’s Guide To Hot Wheels, a book listing history, auto descriptions and worth, which can be used by nearly every collector to learn 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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