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It had been 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, allowing the use of original design blueprints and detailing. Even though Hot Wheels were originally intended for children and young adults, they’ve become popular with mature collectors, for whom limited edition versions are currently made accessible.

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Racing track Collection

Along with the cars themselves, Mattel produced a racing track record (sold separately). Although it could be updated throughout the years, the initial track consisted of a collection of brightly colored orange road sections (pieced together to form an oblong( circular race track), together with one (or two) “super hitter” (artificial service channels by which cars passed on the tracks, featuring battery-powered spinning wheels( which could propel the cars across the paths).

Through the years, Hot Wheels cars are 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 kids grew up playing with all the toys, the normal collector has over 1,550 automobiles, and children between the ages of 5 and 15 have an average of 41 cars. Most consider the collecting craze began with this Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he’s organized two collectors’ events annually in some sort since 1986. The first event was the Annual Hot Wheels Collectors Convention, generally held every year in the fall. The conference occurred in a variety of locations around the country before 2001, once the first Annual Hot Wheels Collectors Nationals was placed together. Since then, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate among cities out of California throughout the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and was among the very first to combine collectors all over the world. In addition, he writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, automobile descriptions and worth, which can be used by virtually every collector to find out more about the hobby and also their own collection. Strauss sold his group from 2011 and retired from the Hot Wheels Newsletter.

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