Limited edition car is named The Spin King after the sports star.
The car enthusiast recently launched the new Hot Wheels design in Sydney, Australia.
Mattel has linked with Australian newspaper The Courier-Mail to give away one of the Hot Wheels 2012 designs with tokens printed in the paper. Readers can also pick up a Hot Wheels collector poster.
Warne told the paper: "I've loved cars all my life. It's good to know you're going to bring some joy to other children out there too."
The new collection pays homage to the luxury cars Warne loves so much.