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It had been the key competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were originally intended for kids and young adults, they have become popular with adult lovers, for whom limited edition versions are currently made available.
Racing track Collection
Along with the cars themselves, Mattel made a racing track set (sold individually). Although it could be updated during time, the original track consisted of a series of brightly colored orange street sections (pieced together to make an oblong( circular race track), using a single (or occasionally two) “super chargers” (artificial service channels by which cars passed onto the paths, including battery-powered spinning wheels, which could propel the cars along the paths).
During time, Hot Wheels cars have been collected mostly by kids, but at the last 15 years[vague] there’s been a growth in the number of mature collectors. Mattel estimates that 41 million kids 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 consider the collecting trend began with the Treasure Hunts at 1995. Mike Strauss has been known as the father of Hot Wheels collecting; he’s arranged two collectors’ occasions annually in some sort since 1986. The first event was the Annual Hot Wheels Collectors Convention, generally held every year at the fall. The convention occurred in a variety of locations around the nation before 2001, once the very first Annual Hot Wheels Collectors Nationals was assembled together. Ever since that time, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate among cities outside of California throughout the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been among the very first to combine collectors all over the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and worth, which can be used by virtually every collector to find out more about the hobby and their collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.
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