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It was the key 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 their cars, allowing using initial layout blueprints and detailing. Even though Hot Wheels were initially meant for children and young adults, so they’ve become popular with mature collectors, such as limited edition models are now made available.
Racing track set
Besides the cars themselves, Mattel made a racing track set (sold individually). Though it would be upgraded during the years, the original track consisted of a collection of brightly colored orange street sections (pieced together to form an oblong( circular race track), using a single (or sometimes two) “super chargers” (artificial service channels through which cars passed on the tracks, including battery-powered spinning wheels, which would propel the cars along the paths).
During the years, Hot Wheels cars have been gathered mostly by kids, but at the last 15 years[vague] there has been a growth in the number of mature collectors. Mattel estimates that 41 million children grew up playing with all the toys, the ordinary collector has over 1,550 cars, and kids between the ages of 5 and 15 have an average of 41 automobiles. Most consider the collecting trend began with this Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels amassing; he’s arranged two collectors’ events annually in some form since 1986. The first event was the Annual Hot Wheels Collectors Convention, normally held each year in the autumn. The conference occurred in a variety of locations around the country until 2001, when the first Annual Hot Wheels Collectors Nationals was set together. 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 very first to unite collectors all around the world. He also writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, car descriptions and values, which is used by virtually every collector to find out more about the hobby and their own collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.
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