As part of the agreement, the first race will be held on April 28 next year.

The ITU has already inspected and approved the race course.

Sprint and standard distances will offer a swim in the Atlantic Ocean, a cycling course over hilly terrain and a run along Front Street in the centre of Bermuda’s capital Hamilton.

“We love the technical course that will challenge our elites and provide a breathtaking scenery to age group athletes," said ITU President Marisol Casado.

"Bermuda is very accessible for athletes from North America and Europe.

"The race in April 2018 provides a much-needed opportunity for them to start off their ITU season in a warm climate close to home.”

It was announced last month that bids are being welcomed by the ITU to host WTS and World Cup events in 2018.

Cities interested in hosting events have been requested to send their applications to the governing body before the June 20 deadline.

The WTS is the sport’s premier series and features up to 10 races per year, with athletes competing for the world title and the $2 million (£1.5 million/€1.8 million) prize pool.

Bermuda is also home to ITU world champion Flora Duffy.

She marked her return to the WTS in fine fashion by claiming victory in Yokohama earlier this month.

The Bermudan missed the opening two legs of the series in Abu Dhabi and Gold Coast through injury, but made a successful return to action in Japan.

“Bermuda is my home, a place that I am drawn to, it’s where I belong and I am excited to welcome triathletes to an island that is set apart by its location and way of life," said Duffy.

"Bermuda is about the people you meet, and a land that has its own mystique.

"But while Bermudians are welcoming, remember that Corkscrew Hill is an absolute beast on the bike and I will look forward to taking it on against the best in the world.

"Add local crowds cheering on either side and the atmosphere will be spectacular, these are the memories we will all treasure as athletes.”