- This article is about the year. For the set, see 1960 Dragon Masters Adventure Pack.
- February: A warehouse fire consumed most of LEGO's inventory of wood toys.
- Production of wooden toys was discontinued; the company changed its focus to the plastic building bricks.
- Karl Georg Kirk Christiansen and Gerhardt Kirk Christiansen left LEGO and formed the BILOfix company to continue the production of wooden toys.
- LEGO Finland and LEGO Netherlands were established.
Themes introduced or discontinued
- Wood Toys were discontinued after the fire.