Could Hotwheels be about to lose the Ferrari license?

Micro Mike

Micro Mike

2015-07-06 16:41:33

If it's true then this truly could be the end of an era, for better or for worse. Since 1968 Mattel have owned the exclusive rights to make diecast models of Ferrari cars , but according to AutoEvolution that could be about to change. The Chinese May Cheong Group (owners of Maisto/ Bburago) will reportedly be taking over the license next year, with the contract starting as early as 2015. Under Hotwheels a couple of other companies (notably Kyosho, BBR) made made diecast models under license, with the business practices over pricing being called into question more than a few times.
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