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It was the key 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 the cars, permitting the use of initial design blueprints and detailing. Even though Hot Wheels were originally intended for children and young adults, so they’ve become popular with adult lovers, such as limited edition versions are now made accessible.
Racing track set
Along with the cars themselves, Mattel produced a racing track set (sold individually). Though it would be upgraded throughout the years, the initial trail consisted of a series of brightly colored orange street segments (pieced together to form an oblong( circular race track), using a single (or two) “super walkers” (artificial service channels through which cars passed onto the tracks, including battery-powered spinning wheels, which could propel the cars across the tracks).
Through time, Hot Wheels cars have been collected mostly by children, but in the past 15 years[vague] there’s been a growth in the amount of adult collectors. Mattel estimates that 41 million children grew up playing with all 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 began with the Treasure Hunts in 1995. Mike Strauss was 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, generally held each year at the autumn. The conference occurred in a variety of locations around the nation before 2001, once the very first Annual Hot Wheels Collectors Nationals was put together. The Hot Wheels Collectors Nationals rotate among cities outside of California through the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all over the world. In addition, he writes the Tomart’s Guide To Hot Wheels, a publication listing history, automobile descriptions and worth, which can be used by nearly every collector to find out more about the hobby along with their own collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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