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It had been the primary competitor of Matchbox until 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 initial design blueprints and detailing. Although Hot Wheels were originally meant for children and young adults, so they’ve become popular with adult collectors, such as limited edition versions are currently made available.

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Track Builder

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Racing track Collection

In addition to the cars themselves, Mattel produced a racing track set (sold separately). Though it would be updated throughout the years, the initial track consisted of a set of brightly colored orange road segments (pieced together to make an oblong( circular race track), together with one (or sometimes two) “super hitter” (artificial service channels through which cars passed on the tracks, including battery-powered spinning wheels( which would propel the cars across the paths).

During the years, Hot Wheels cars are gathered mostly by kids, but in the past 15 years[vague] there’s been a growth in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the average collector has over 1,550 cars, and children between the ages of 5 and 15 have an average of 41 automobiles. Most consider the collecting trend began with this Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels amassing; he has arranged two collectors’ events annually in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held each year at the autumn. The convention occurred in various locations around the nation before 2001, when the very first Annual Hot Wheels Collectors Nationals was placed together. Since that time, the Conventions are held each year in southern California. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was one of the very first to unite collectors all over the world. He also writes the Tomart’s Guide To Hot Wheels, a publication listing history, car descriptions and values, which is used by virtually every collector to learn more about the hobby and their own collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.

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