The Wild Thing Minibot was one of several minibots released as merchandise. It is based on the Extreme 1/Series 5 version with a moving flywheel underneath its static lifting arm. It has Wild Thing's trademark flame decals.
The Wild Thing minibot did include the wheels with the red and silver wheel covers, however these are static, and only for show. The moving flywheel is made of plastic, presumably this is for health and safety reasons, as the teeth are quite sharp already.