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It had been the primary competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Even though Hot Wheels were initially meant for children and young adults, they’ve become popular with mature collectors, such as limited edition versions are now made available.
Racing track Collection
Along with the cars themselves, Mattel made a racing track set (sold individually). Although it would be updated throughout time, the first track consisted of a collection of brightly colored orange street segments (pieced together to make an oblong( circular race track), using one (or two) “super walkers” (faux service channels through 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 collected mostly by children, but at the previous 15 years[vague] there has been a growth in the amount of mature collectors. Mattel estimates that 41 million children grew up playing with 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 consider the collecting craze began with this Treasure Hunts at 1995. Mike Strauss has been 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 Annual Hot Wheels Collectors Convention, normally held each year in 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 set together. The Hot Wheels Collectors Nationals rotate among cities outside of California during 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. He also writes the Tomart’s Guide To Hot Wheels, a book listing history, automobile descriptions and worth, which can be used by almost every collector to learn more about the hobby and also their own collection. Strauss sold his group from 2011 and retired from the Hot Wheels Newsletter.
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