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It had been the main competitor of Matchbox until 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were originally intended for children and young adults, so they have become popular with adult collectors, such as limited edition versions are currently made available.
Racing track Collection
In addition to the cars themselves, Mattel made a racing track record (sold individually). Even though it would be updated throughout time, the initial trail consisted of a series of brightly colored orange street segments (pieced together to make an oblong( circular race track), using one (or occasionally two) “super chargers” (faux service channels by which cars passed onto the paths, including battery-powered spinning wheels, which could propel the cars along the tracks).
During the years, Hot Wheels cars are gathered mostly by kids, but in the last 15 years[vague] there’s been a growth in the number of adult collectors. Mattel estimates that 41 million children grew up playing with the toys, the normal collector has over 1,550 cars, 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 called the father of Hot Wheels amassing; he’s arranged two collectors’ events each year in some sort since 1986. The very first event was the Annual Hot Wheels Collectors Convention, generally held every year in the autumn. The convention happened in a variety of locations around the country until 2001, once the first Annual Hot Wheels Collectors Nationals was put together. The Hot Wheels Collectors Nationals rotate one of cities out of California during the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been among the very first to combine collectors all over the world. In addition, he writes the Tomart’s Guide To Hot Wheels, a publication listing history, car descriptions and worth, which is used by virtually every collector to find out more about the hobby and also their own collection. Strauss sold his set from 2011 and retired from the Hot Wheels Newsletter.
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