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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 their cars, permitting the use of first design blueprints and detailing. Although Hot Wheels were originally meant for children and young adults, they have become popular with adult lovers, for whom limited edition models are now made available.
Racing track set
In addition to the cars themselves, Mattel made a racing track record (sold separately). Although it could be updated throughout the years, the first trail consisted of a series of brightly colored orange road segments (pieced together to make an oblong, circular race track), together with one (or occasionally two) “super walkers” (artificial service channels through which cars passed onto the paths, featuring battery-powered spinning wheels( which could propel the cars across the tracks).
During the years, Hot Wheels cars have been gathered mostly by kids, but in the past 15 years[vague] there’s been a rise in the number of adult collectors. Mattel estimates that 41 million children grew up playing with all the toys, the average collector has over 1,550 cars, and kids between the ages of 5 and 15 have a mean of 41 automobiles. Most believe the collecting craze started with this Treasure Hunts at 1995. Mike Strauss has been known as the father of Hot Wheels amassing; he has organized two collectors’ events each year in some form since 1986. The first event was the Annual Hot Wheels Collectors Convention, generally held each year in the autumn. The convention happened in a variety of locations around the nation until 2001, when the very first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate one of cities out of California during the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been among the first to combine collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and values, which can be used by nearly every collector to find out more about the hobby and their own collection. Strauss sold his group from 2011 and retired from the Hot Wheels Newsletter.
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