Pedestrians walk on the street in the Shinjuku district of Tokyo on Sept 30, 2022. (PHILIP FONG / AFP)

TOKYO - Tokyo could host a round of the FIA Formula E World Championship in 2024, after Formula E and the Tokyo Metropolitan Government signed an agreement here on Wednesday.

Governor of Tokyo, Yuriko Koike, and Jamie Reigle, CEO of Formula E, signed a Memorandum of Understanding at the headquarters of the Tokyo Metropolitan Government, aiming to bring a race to the Japanese capital in spring 2024.

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The agreement will be subject to FIA approval and race site would be in the area around Tokyo Big Sight, the largest international exhibition center in Japan, according to a Formula E statement.

The all-electric Formula E series began life in 2014, with its first ever race held around the streets of China's capital, Beijing.