Ferrari and Hot Wheels are reuniting after more than 10 years to release new collectibles. The announcement came through the official Instagram page of Hot Wheels, where the popular toy car brand shared a simple yet impactful story - it featured the logos of both brands with a simple messaging in between.

Between an onslaught of mainline cars and a string of hot-selling Red Line Club exclusive online drops, Hot Wheels has been staying busy, and it's showing no signs of slowing down. Just the other day,

Mattel teams up with Ferrari NV to launch a new Hot Wheels collection featuring Ferrari's iconic road and race cars.

Mattel (NASDAQ:MAT) announced a new partnership with Ferrari (NYSE:RACE) at the Nuremberg International Toy Fair on Monday. The partnership is aimed at developing a comprehensive range of Hot Wheels products,

Toy maker Hot Wheels announced a partnership with Italian carmaker Ferrari that will bring back die-cast Prancing Horses after more than a decade

Due to an exclusive licensing deal, Hot Wheels hasn't sold a Ferrari die-cast since 2014. That's finally changing.

Ferrari is considered the most prestigious car manufacturer and most successful racing brand in the world. Both brands have collaborated since Hot Wheels debuted in 1968, and together, they have released 26 models. This year’s product line will include limited edition models, RC models, and 1:64 die-cast cars available through major retailers.