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

Many auto manufacturers have licensed Hot Wheels to make scale models of their cars, allowing the use of initial layout patterns and detailing. Though Hot Wheels were initially meant for children and young adults, so they have become popular with adult lovers, such as limited edition models are currently made accessible.

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Racing track Collection

Along with the cars themselves, Mattel produced a racing track set (sold individually). Although it would be updated during time, the initial trail consisted of a set of brightly colored orange street sections (pieced together to make an oblong( circular race track), using one (or two) “super chargers” (artificial service stations through which cars passed onto the tracks, featuring battery-powered spinning wheels( which would propel the cars across the tracks).

During time, Hot Wheels cars have been gathered mostly by children, but at the last 15 years[vague] there’s been a rise in the amount of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the average 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 started with this Treasure Hunts in 1995. Mike Strauss has been called the father of Hot Wheels collecting; he’s organized two collectors’ events each year in some form since 1986. The first event was the Annual Hot Wheels Collectors Convention, usually held every year in the fall. The conference happened in various locations around the nation until 2001, when the first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate among cities out of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been among the first to unite collectors all over the world. He also writes the Tomart’s Guide To Hot Wheels, a book listing history, car descriptions and worth, which is used by nearly every collector to find out more about the hobby along with their collection. Strauss sold his set from 2011 and retired in the Hot Wheels Newsletter.

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