The 33 directors of the 500 Festival received their Indianapolis 500 Chevrolet Camaros in a ceremony at the Indianapolis Motor Speedway, a longtime tradition leading into the Month of May.

The "Festival cars" have reminded Indianapolis-area residents of the upcoming Indianapolis 500 since the 1960s. Each of the 500 Festival cars this year is a special Camaro Hot Wheels Edition convertible, which will arrive at Chevrolet dealerships this spring after a limited, one-time production run. It's the first time a full-size, production Hot Wheels car has been offered for sale by any manufacturer.

The Camaro Hot Wheels Edition echoes the cues that Hot Wheels enthusiasts recognize, including a vibrant, graphics-accented metallic paint scheme and even the red-lined wheels. The result is instantly recognizable as a Hot Wheels.

Available in coupe and convertible models and in 2LT (V-6) and 2SS (V-8) trims, the Camaro Hot Wheels Edition cars feature Hot Wheels grille and decklid logos and Hot Wheels Edition sill plates among its exterior and interior styling.

SS models feature a 6.2L V-8, which is offered in two iterations: the "L99" on automatic-equipped vehicles and the "LS3" on manual-equipped models. Horsepower for the L99 is 400 (298 kW) and torque is 410 lb.-ft. (556 Nm) - and it features fuel-saving Active Fuel Management. The LS3 develops 426 horsepower (318 kW) and 420 lb.-ft. (569 Nm) of torque.

LT-based models feature the "LFX" 3.6L V-6 engine, with dual-overhead camshafts, variable valve timing and direct injection. It's rated at 323 horsepower at 6,800 rpm.

The original Custom Camaro 1:64-scale toy from 1968 was one of the original 16 Hot Wheels issued and remains one of the most valuable Hot Wheels toys among collectors.

The 97th Indianapolis 500 is scheduled for May 26. Opening Day is May 11.