- This article is about the year. For the set, see 1960 Dragon Masters Adventure Pack.
- February: A warehouse fire consumes most of LEGO's inventory of wood toys.
- Production of wooden toys is discontinued; the company changes its focus to the plastic building bricks.
- Karl Georg Kirk Christiansen and Gerhardt Kirk Christiansen leave LEGO and form the BILOfix company to continue the production of wooden toys.
- LEGO Finland and LEGO Netherlands are established.
Themes introduced or discontinued
- Wooden Toys are discontinued after a fire claims the wood department.