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It had been the primary competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were initially intended for kids and young adults, so they’ve become popular with adult lovers, for whom limited edition versions are currently made accessible.
Racing track Collection
Along with the cars themselves, Mattel made a racing track set (sold individually). Though it would be upgraded during time, the initial trail consisted of a string of brightly colored orange road sections (pieced together to form an oblong( circular race track), using one (or two) “super chargers” (artificial service stations through which cars passed on the paths, featuring battery-powered spinning wheels, which would propel the cars along the tracks).
Through the years, Hot Wheels cars have been gathered mostly by kids, but in the past 15 years[vague] there’s been a growth in the amount of mature collectors. Mattel estimates that 41 million kids grew up playing with the toys, the average 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 started with the Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he has organized two collectors’ occasions annually in some sort since 1986. The very first event was the yearly Hot Wheels Collectors Convention, normally held every year at the autumn. The convention occurred in various locations around the country until 2001, once the very first Annual Hot Wheels Collectors Nationals was put together. The Hot Wheels Collectors Nationals rotate among cities out of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been among the very first to combine collectors all around the world. He also writes the Tomart’s Guide Into Hot Wheels, a publication listing history, automobile descriptions and values, which can be used by virtually every collector to find out more about the hobby and also their own collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.
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