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Hot Wheels is a brand of 1:64, 1:43, 1:18 and 1:50 scale die-cast toy cars introduced by American toy manufacturer Mattel in 1968. It was the key competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Though Hot Wheels were initially meant for kids and young adults, so they’ve become popular with mature collectors, such as limited edition versions are now made available.
Racing track Collection
In addition to the cars themselves, Mattel made a racing track set (sold separately). Even though it would be updated throughout time, the first track consisted of a string of brightly colored orange street sections (pieced together to form an oblong, circular race track), together with one (or sometimes two) “super walkers” (faux service stations through which cars passed on the tracks, featuring battery-powered spinning wheels, which would propel the cars across the paths).
During time, Hot Wheels cars have been gathered mostly by children, but at the past 15 years[vague] there has been a rise in the number of mature collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the typical collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have an average of 41 cars. Most believe the collecting craze started with the Treasure Hunts at 1995. Mike Strauss has been known as the father of Hot Wheels amassing; he’s arranged two collectors’ occasions each year in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held every year at the fall. The convention occurred in various locations around the country until 2001, once the very first Annual Hot Wheels Collectors Nationals was set together. Ever since that time, the Conventions are held every year in southern California. 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 has been one of the very first to combine collectors all around the world. In addition, he writes on the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and values, which can be used by virtually every collector to find out more about the hobby along with their collection. Strauss sold his set in 2011 and retired from the Hot Wheels Newsletter.
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