This Hot Wheels open-wheel racer casting was first released as Formula Fever in 1983, then was renamed Thunderstreak for the 1985 Real Riders series. The original die included a low wing as part of the unpainted metal base, but an alternate version with a larger, higher wing attached to the upper body was created in 1992 for the Pro Circuit Racing series. Between the two, there have been about 35 different variations produced.
I found these two higher-wing Thunderstreak variations in the $1 tub at J & J’s Treasures. This yellow model with Pennzoil racing livery is the Collector #153 that was released in 1992.
Hot Wheels | 1992 | #153 | Thunderstreak | yellow with black and red Pennzoil 4 racing tampo, yellow interior, unpainted metal base | Malaysia | blackwalls
In 1994, there were two variations of Thunderstreak used for an Aquafresh promotional. Both are turquiose with Aquafresh racing graphics, but one has the Aquafresh logo on the rear wing, while the other has the Water Pik logo, as you see here.
Hot Wheels | 1994 Aquafresh promo | 9545 | Thunderstreak | turquoise with red, blue and white Aquafresh 61 Water Pik racing tampo, Water Pik on tail, turquoise interior, unpainted metal base | Malaysia | blackwalls
Other examples of the Hot Wheels Thunderstreak in my collection include the 1989 Ziploc Promotional model, a loose Kraco racer from 1988 and the other Aquafresh promotional model from 1994. I also have a carded version of the 1988 Kraco Park ‘N Plates release.