Hot Wheels has unveiled a new toy as part of its multi-year collaboration with Formula One: a limited-edition, 1:64-scale replica of the fictional APXGP racer from the F1 movie.

It's a miniature version of the Moncler Mercedes G-Wagon. "I always refer to the past," Nigo said of the collection in a statement. "In Japan, there is a saying that goes, ‘Learn from the past ...

In miniature form, at least. Starting Friday, April 18, the Mattel Creations shop will be offering the Hot Wheels x Mercedes-Benz Project G-Class Past II Future, designed by NIGO, for $80.

Wagon Wheels were invented in the ’40s by William Peschardt, who sold the patent to Garry Weston, son of British MP and food company owner Willard Garfield Weston.

But what about Wagon Wheels? Surely they’re just called that because, well, their huge circular shape resembles that of an old-fashioned cart’s wheels? Well, partly. But it turns out that ...