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It was the main competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were originally intended for children and young adults, they have become popular with mature collectors, for whom limited edition models are now made available.
Racing track set
Along with the cars themselves, Mattel produced a racing track record (sold individually). Though it could be updated throughout the years, the initial trail consisted of a set of brightly colored orange road sections (pieced together to form an oblong( circular race track), together with a single (or sometimes two) “super chargers” (artificial service channels by which cars passed onto the tracks, including battery-powered spinning wheels( which could propel the cars across the paths).
During the years, Hot Wheels cars have been collected mostly by children, but at the last 15 years[vague] there’s been an increase in the number of mature collectors. Mattel estimates that 41 million children 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 a mean of 41 automobiles. Most believe the collecting trend started with the Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels amassing; he has arranged two collectors’ occasions each year in some sort since 1986. The very first event was the Annual Hot Wheels Collectors Convention, normally held every year at the autumn. The conference happened in various locations around the country until 2001, when the first Annual Hot Wheels Collectors Nationals was put together. 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 was among the first to combine collectors all around the world. In addition, he writes the Tomart’s Guide To Hot Wheels, a publication listing history, auto descriptions and worth, which can be used by virtually every collector to find out more about the hobby along with their collection. Strauss sold his collection in 2011 and retired in the Hot Wheels Newsletter.
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