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It was the main competitor of Matchbox before 1997, when Mattel purchased 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 patterns and detailing. Though Hot Wheels were originally intended for children and young adults, so they have become popular with mature collectors, for whom limited edition models are now made available.
Racing track Collection
Along with the cars themselves, Mattel made a racing track set (sold separately). Though it could be updated during time, the original track consisted of a collection of brightly colored orange road segments (pieced together to form an oblong( circular race track), with a single (or two) “super chargers” (faux service channels through which cars passed on the tracks, featuring battery-powered spinning wheels, which would propel the cars across the tracks).
Through time, Hot Wheels cars are collected mostly by children, but in the previous 15 years[vague] there has been an increase in the amount of adult collectors. Mattel estimates that 41 million children grew up playing with the toys, the average collector has over 1,550 cars, and children between the ages of 5 and 15 have an average of 41 automobiles. Most consider the collecting craze started with the Treasure Hunts at 1995. Mike Strauss was called the father of Hot Wheels amassing; he has arranged two collectors’ events each year in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held every year at the autumn. The conference happened in various locations around the nation before 2001, when the very first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was one of the very first to combine collectors all around the world. In addition, he writes the Tomart’s Guide Into Hot Wheels, a publication listing history, automobile descriptions and values, which can be used by almost every collector to find out more about the hobby along with their own collection. Strauss sold his set from 2011 and retired from the Hot Wheels Newsletter.
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