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It had been the key competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were initially meant for children and young adults, so they’ve become popular with mature lovers, for whom limited edition versions are currently made available.
Racing track set
Along with the cars themselves, Mattel produced a racing track set (sold separately). Although it would be updated during time, the initial trail consisted of a series of brightly colored orange street segments (pieced together to make an oblong( circular race track), together with one (or two) “super walkers” (artificial service stations through which cars passed on the paths, including battery-powered spinning wheels, which would propel the cars across the tracks).
During time, Hot Wheels cars have been collected mostly by kids, but at the past 15 years[vague] there has been an increase in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the ordinary collector has over 1,550 cars, and kids between the ages of 5 and 15 have an average of 41 automobiles. Most believe the collecting craze started with the Treasure Hunts in 1995. Mike Strauss was called the father of Hot Wheels amassing; he’s arranged two collectors’ occasions each year in some sort since 1986. The very first event was the yearly Hot Wheels Collectors Convention, normally held each year in the fall. The conference happened in a variety of locations around the country before 2001, when the first Annual Hot Wheels Collectors Nationals was put together. Ever since that time, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities out of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all around the world. He also writes the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and worth, which is used by almost 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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