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It had been the main competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.

Many automobile manufacturers have licensed Hot Wheels to make scale models of their cars, permitting using initial layout blueprints and detailing. Although Hot Wheels were initially intended for kids and young adults, they’ve become popular with adult lovers, for whom limited edition models are now made accessible.

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Racing track set

In addition to the cars themselves, Mattel produced a racing track record (sold individually). Although it would be updated throughout time, the original track consisted of a series of brightly colored orange road segments (pieced together to make an oblong( circular race track), with one (or sometimes two) “super chargers” (faux service channels through which cars passed onto the tracks, including battery-powered spinning wheels( which would propel the cars along the paths).

Through the years, Hot Wheels cars have been gathered mostly by children, but in the previous 15 years[vague] there’s 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 in 1995. Mike Strauss was known as the father of Hot Wheels amassing; he’s arranged two collectors’ occasions each year in some form since 1986. The first event was the yearly Hot Wheels Collectors Convention, normally held each year at the fall. The conference happened in various locations around the nation before 2001, once the first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate one of cities outside of California throughout the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and was among the very first to unite collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and values, which can be used by nearly every collector to learn more about the hobby and their own collection. Strauss sold his set from 2011 and retired in the Hot Wheels Newsletter.

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