Tokyo signs agreement to host 2024 Formula E race

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Tokyo signs agreement to host 2024 Formula E race
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Tokyo looks set to host a FIAFormulaE race after an agreement was reached for 2024 🇯🇵

The all-electric championship's CEO Jamie Reigle signed a Memorandum of Understanding with Tokyo governor Yuriko Koike at the Tokyo Metropolitan Government Building on Tuesday that would pave the way for a race to take place in the Japanese capital in March or April of 2024.

"The Tokyo Metropolitan Government will fully co-operate to ensure that the Tokyo race, which will be promoted by Formula E Operations, can be held in the spring of 2024," said Koike. "The agreement is multi-year, but we are looking at it as a long-term project," said Reigle."We are working on the assumption of 20,000 spectators in the first year, but we are not concerned with how much revenue will be generated by the first event in 2024. We are looking further ahead.

Holding a race in Japan has long been a publicly-stated objective of FE, with Yokohama also named as a candidate city, but the country's strict policing laws have always been cited as a major hurdle in realising such an event.

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