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It had been the primary 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 the cars, permitting the use of original design blueprints and detailing. Though Hot Wheels were originally intended for children and young adults, they have become popular with mature lovers, for whom limited edition models are now made accessible.
Racing track Collection
In addition to the cars themselves, Mattel made a racing track record (sold separately). Even though it would be upgraded during time, the original trail consisted of a collection of brightly colored orange road sections (pieced together to form an oblong( circular race track), together with a single (or sometimes two) “super chargers” (artificial service stations through which cars passed on the paths, featuring battery-powered spinning wheels( which could propel the cars along the tracks).
During time, Hot Wheels cars have been gathered mostly by kids, but at the last 15 years[vague] there’s been a rise in the amount of mature collectors. Mattel estimates that 41 million children grew up playing with the toys, the typical collector has over 1,550 cars, and children between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting craze began with the Treasure Hunts in 1995. Mike Strauss has been known as the father of Hot Wheels collecting; he’s organized two collectors’ events each year in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, generally held every year at the autumn. The conference occurred in a variety of locations around the country before 2001, once the very first Annual Hot Wheels Collectors Nationals was set 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 very first to combine collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and worth, which is used by virtually every collector to find out more about the hobby and also their collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.
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