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Hot Wheels is an American media franchise and brand of scale model cars invented by Elliot Handler and introduced by his company Mattel on May 18, 1968. [2] It was the primary competitor of Matchbox until Mattel bought Matchbox owner Tyco Toys in 1997.
Isadore Elliot Handler (April 9, 1916 – July 21, 2011) was an American inventor, business magnate, and the co-founder of Mattel.With his wife, Ruth Handler, he developed some of the biggest-selling toys in American history, including Barbie, Chatty Cathy, Creepy Crawlers, and Hot Wheels.
Businessman Harold "Matt" Matson and the husband-and-wife duo of Elliot and Ruth Handler founded Mattel as Mattel Creations in January 1945 in a garage in Los Angeles. [15] [16] The company name chosen is a portmanteau of the surname of Matson and first name of Elliot, with former chairman and CEO Bob Eckert revealing at a 2013 Christmas Day Peninsula Seniors lecture that the founders ...
Due to their age and scarcity, redline model Hot Wheels cars often sell for more than other toys. This shiny purple Oldsmobile, one of the rarest Redline vehicles, could command a hefty $12,000 if ...
Estimated value: $12,000 Part of the Redline series, this model features the sleek, muscle-car styling of the real-life Oldsmobile 442, accentuated by its vibrant purple paint — a color that was ...
He developed Chatty Cathy, Ken, Hot Wheels and Larry the Lion and was involved in creating the voice systems for Chatty Cathy, Barbie and Larry the Lion. [6] Ryan worked on the V-rroom! X-15 velocipede which was named after the North American X-15 rocket-powered aircraft and patented the V-RROOM! toy engines that simulated motorcycle engine sounds.
Street Legal TV's list of the top three rarest Hot Wheels in the world values the second and third most expensive toys at $10,000 and $5,000 respectively. But in the end, shop owner Rick Harrison ...
In 1968, Hot Wheels were introduced in the United States by Mattel to address the complaint that they had no line of toys for boys to balance their line of Barbie dolls for girls. Because they looked fast and were fast (they were equipped with a low-friction wheels/axles), Hot Wheels quickly became the most popular die-cast cars in the toy ...
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