logo of hot wheels – Hot Wheels Logo « Michael Endreola
It was the main competitor of Matchbox until 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. Although Hot Wheels were originally intended for children and young adults, they’ve become popular with mature collectors, such as limited edition versions are currently made available.
Racing track set
Besides the cars themselves, Mattel produced a racing track set (sold individually). Though it would be upgraded throughout time, the initial track consisted of a collection of brightly colored orange road segments (pieced together to form an oblong( circular race track), using one (or two) “super chargers” (faux service stations through which cars passed on the tracks, including battery-powered spinning wheels, which could propel the cars along the tracks).
During time, Hot Wheels cars are gathered mostly by children, but at the previous 15 years[vague] there has been a growth 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 cars, and children between the ages of 5 and 15 have a mean of 41 cars. Most believe the collecting trend began with the Treasure Hunts at 1995. Mike Strauss was known as the father of Hot Wheels collecting; 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 in the autumn. The conference happened in a variety of locations around the nation until 2001, when the very first Annual Hot Wheels Collectors Nationals was assembled together. The Hot Wheels Collectors Nationals rotate one of cities out of California throughout the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been among the first to combine collectors all around the world. In addition, he writes on the Tomart’s Guide Into Hot Wheels, a publication listing history, auto descriptions and values, which can be used by nearly every collector to learn more about the hobby and also their own collection. Strauss sold his collection from 2011 and retired in the Hot Wheels Newsletter.
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