Macrorit Partition Expert is an optimal solution that you can use to get the job done. The Free Specific Utility - Format FAT32 Drives beyond 32GB Limit It is worth using the FAT32 Formatter in Macrorit Free Partition Software and other advanced editions.
But if you are not using such brand hard drive, in that case, you might turn some 3rd party programs for help which will allow you to format an external hard drive with the larger size.
If you are using such brand hard drive, you can use their tools to accomplish the task.
Some of the hard drive manufacturers have created their own tools for converting a drive which is larger than 32 GB to FAT32, such as Seagate DiscWizard and Western Digital (WD) FAT32 Formatting Tool. But if you have a drive that is 1TB or larger, you may still not use the DOS command prompt to format and get an error saying 'The volume is too big for FAT32'. Certainly, you can use the DOS command prompt to format drives and partitions beyond 1TB. It is not silly indeed, let's face it Windows cannot format drives and partitions larger than 32GB in FAT32. The Truth - 32GB Size Limit Exists on FAT32 Formatting