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It had been the primary competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many automobile manufacturers have licensed Hot Wheels to make scale models of their cars, permitting the use of initial layout blueprints and detailing. Though Hot Wheels were initially meant for children and young adults, they have become popular with mature lovers, such as limited edition models are currently made available.
Racing track Collection
Along with the cars themselves, Mattel produced a racing track set (sold separately). Even though it would be upgraded throughout the years, the original track consisted of a set of brightly colored orange street segments (pieced together to make an oblong( circular race track), using a single (or occasionally two) “super walkers” (artificial service stations by which cars passed onto the paths, featuring battery-powered spinning wheels, which could propel the cars across the tracks).
Through time, Hot Wheels cars are collected mostly by kids, but in the previous 15 years[vague] there’s been a rise in the number of mature collectors. Mattel estimates that 41 million children grew up playing with all the toys, the ordinary collector has over 1,550 automobiles, and children between the ages of 5 and 15 have a mean of 41 automobiles. Most consider the collecting trend began with this Treasure Hunts in 1995. Mike Strauss was known as the father of Hot Wheels amassing; he’s arranged two collectors’ events each year in some form since 1986. The very first event was the Annual Hot Wheels Collectors Convention, normally held every year at 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 assembled together. Since that time, the Conventions are held every year in southern California. The Hot Wheels Collectors Nationals rotate one of cities out of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was one of the very first to unite collectors all around the world. In addition, he writes on the Tomart’s Guide Into Hot Wheels, a book listing history, auto descriptions and values, which is used by almost every collector to find out more about the hobby along with their collection. Strauss sold his group from 2011 and retired from the Hot Wheels Newsletter.
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