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It had been the primary competitor of Matchbox until 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were originally meant for kids and young adults, they have become popular with adult lovers, for whom limited edition versions are now made accessible.
Racing track Collection
In addition to the cars themselves, Mattel produced a racing track record (sold separately). Even though it could be upgraded throughout time, the initial track consisted of a series of brightly colored orange road segments (pieced together to make an oblong( circular race track), together with a single (or two) “super hitter” (faux service channels through which cars passed onto the tracks, including battery-powered spinning wheels( which would propel the cars across the tracks).
During time, Hot Wheels cars are collected mostly by kids, but at the previous 15 years[vague] there’s been an increase in the number of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the ordinary collector has over 1,550 cars, and children between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting craze started with the Treasure Hunts in 1995. Mike Strauss has been called the father of Hot Wheels collecting; he’s arranged two collectors’ occasions annually in some sort since 1986. The very first event was the yearly Hot Wheels Collectors Convention, usually held every year at the fall. The convention happened in a variety of locations around the country until 2001, when the first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate among cities outside of California through the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was among the first to unite collectors all around the world. He also writes the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and worth, which is used by nearly every collector to learn more about the hobby and also their own collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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