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

Though Hot Wheels were originally meant for children and young adults, so they’ve become popular with adult lovers, such as limited edition models are currently made accessible.

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Racing track Collection

In addition to the cars themselves, Mattel made a racing track set (sold separately). Though it could be updated during time, the original trail consisted of a series of brightly colored orange road segments (pieced together to form an oblong( circular race track), using one (or occasionally two) “super hitter” (faux service stations through which cars passed onto the tracks, featuring battery-powered spinning wheels, which could propel the cars along the paths).

During time, Hot Wheels cars are gathered mostly by kids, but in the past 15 years[vague] there has been an increase in the amount 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 cars. Most believe the collecting trend began with this Treasure Hunts at 1995. Mike Strauss has been known as the father of Hot Wheels amassing; he’s arranged two collectors’ occasions each year in some sort since 1986. The first event was the Annual Hot Wheels Collectors Convention, normally held every year in the fall. The conference happened in various locations around the country before 2001, once the first Annual Hot Wheels Collectors Nationals was assembled together. Ever since that time, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities outside of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been among the very first to unite collectors all over the world. He also writes the Tomart’s Guide Into Hot Wheels, a publication listing history, auto descriptions and values, which is used by virtually every collector to learn more about the hobby and also their collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.

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