Yes, Hot Wheels has licensed NASCAR in the past. They produced die-cast cars for NASCAR and even sponsored a real race car.
Here is a brief history of their partnership:
* 1990s and early 2000s: Hot Wheels was one of several die-cast brands, along with Racing Champions, Matchbox, and others, that produced NASCAR toys. During this time, Hot Wheels also sponsored Kyle Petty's No. 44 car in the 1997 season.
* Mid-2000s: Hot Wheels and other companies ceased production of NASCAR-licensed replicas when NASCAR decided to consolidate the license to a single brand.
* Later Collaborations: Hot Wheels has collaborated with NASCAR figures since then. In 2010, they partnered with Danica Patrick to sponsor her car and produce a promotional "Danicar" die-cast car. In 2011, they teamed up with Dale Earnhardt Jr. to design a fantasy car called the "Hammerhead."