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It was the primary competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many automobile manufacturers have licensed Hot Wheels to make scale models of the cars, permitting using original layout patterns and detailing. Although Hot Wheels were initially intended for children and young adults, they’ve become popular with mature collectors, for whom limited edition versions are now made available.
Racing track set
Along with the cars themselves, Mattel made a racing track record (sold separately). Though it could be updated throughout time, the original track consisted of a set of brightly colored orange street segments (pieced together to form an oblong( circular race track), using one (or sometimes two) “super hitter” (artificial service stations by which cars passed onto the paths, featuring battery-powered spinning wheels, which could propel the cars across the paths).
During time, Hot Wheels cars have been gathered mostly by children, but at the past 15 years[vague] there’s been an increase in the number of adult collectors. Mattel estimates that 41 million children grew up playing with the toys, the ordinary collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have a mean of 41 cars. Most consider the collecting craze began with this Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels collecting; he has organized two collectors’ events each year in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, generally held each year in the fall. The convention occurred in a variety of locations around the country before 2001, once the very first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been among the first to unite collectors all around the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a publication listing history, auto descriptions and worth, which can be used by nearly every collector to find out more about the hobby and also their collection. Strauss sold his collection in 2011 and retired in the Hot Wheels Newsletter.
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