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It was the key competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of their cars, permitting using first layout patterns and detailing. Although Hot Wheels were originally meant for children and young adults, they have become popular with adult collectors, for whom limited edition models are currently made accessible.
Racing track Collection
In addition to the cars themselves, Mattel produced a racing track record (sold individually). Although it could be updated throughout time, the first track consisted of a series of brightly colored orange street sections (pieced together to make an oblong, circular race track), with a single (or sometimes two) “super hitter” (faux service channels by which cars passed onto the paths, featuring battery-powered spinning wheels( which would propel the cars along the tracks).
Through the years, Hot Wheels cars are gathered mostly by kids, but in the last 15 years[vague] there’s been a rise in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the average collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting craze started with the Treasure Hunts in 1995. Mike Strauss was known as the father of Hot Wheels amassing; he’s arranged two collectors’ occasions annually in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held each year in the autumn. The convention occurred in a variety of locations around the country until 2001, when the 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 first to unite 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 is used by virtually every collector to find out more about the hobby and their collection. Strauss sold his group from 2011 and retired in the Hot Wheels Newsletter.
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