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It was the key competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were originally intended for children and young adults, so they’ve become popular with adult lovers, such as limited edition models are currently made accessible.
Racing track set
Besides the cars themselves, Mattel produced a racing track record (sold individually). Even though it could be upgraded throughout time, the first track consisted of a series of brightly colored orange road segments (pieced together to form an oblong, circular race track), using a single (or occasionally two) “super chargers” (artificial service stations through which cars passed on the tracks, featuring battery-powered spinning wheels, which would propel the cars across the paths).
During the years, Hot Wheels cars have been collected mostly by kids, but in the past 15 years[vague] there’s been a rise in the amount 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 kids between the ages of 5 and 15 have a mean of 41 cars. Most consider the collecting trend began with this Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels amassing; he has arranged two collectors’ occasions annually in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, generally held every year in the fall. The conference occurred in a variety of locations around the nation before 2001, when the first Annual Hot Wheels Collectors Nationals was put together. The Hot Wheels Collectors Nationals rotate one of cities out of California through the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and was among the first to combine collectors all over the world. In addition, he writes the Tomart’s Guide To Hot Wheels, a book listing history, automobile descriptions and worth, which is used by nearly every collector to learn more about the hobby and their collection. Strauss sold his group in 2011 and retired in the Hot Wheels Newsletter.
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