The Davis Cup will be held under a new format from 2019 after Thursday's vote found in favour of the International Tennis Federation's (ITF) proposals by a 71.43 per cent majority.
Back in February, the ITF put forward its plans for the competition, which is currently held as a 16-team straight knockout tournament throughout the year and culminates in a final in late November.
In a bid to ensure the sport's top stars continue to feature, the ITF endorsed a 25-year, $3billion partnership with investment group Kosmos - chaired by Barcelona defender and World Cup winner Gerard Pique.
Under the revamped structure, an 18-team event will be condensed into one week at the end of the season, featuring six groups of three, with the pool winners and two best runners-up advancing to a knockout phase.
Rather than ties consisting of four singles and one doubles match, played over five sets, the truncated version will see only three-set affairs, each tie comprising two singles and one doubles contest.
From 2019, the competition will see 18 nations and the world’s best players compete in a week-long season finale to be crowned #DavisCup champions.— Davis Cup (@DavisCup) August 16, 2018
Here’s the new calendar...
Find out more: https://t.co/hprNmHUcqg pic.twitter.com/E3POfiZzeF
The likes of Rafael Nadal and Novak Djokovic have previously expressed their support for the changes, although those views were by no means universally held - the likes of Lleyton Hewitt and Lucas Pouille particularly outspoken in their dislike of the proposed format.
Pique, however, revelled in his, Kosmos' and the ITF's success following the vote among the national tennis federations in Orlando.
"Today is a historic day and we are convinced that the agreement ratified by the nations certainly guarantees the future of the Davis Cup and the development of tennis at all levels," Pique said.
"I would like to thank ITF President David Haggerty, the ITF Board of Directors and the entire team of ITF professionals for their work with Kosmos over the past few months and welcome a new stage in which we will continue to evolve together. I would also like to congratulate all those who, with their votes, have embraced this change and have seen the momentous decision that was in their hands.
"This is the beginning of a new stage that guarantees the pre-eminent and legitimate place that the Davis Cup should have as a competition for national teams while adapting to the demands of this professional sport at the highest level. It is a great honour for me to be part of this historic process of a sport that I am passionate about and, without a doubt, in both personal and professional terms this is one of the happiest days of my life."
|Ronaldo to start as Allegri aims to avoid Champions League big guns|
|Odriozola: I´m in love with Benzema, he´s the best number nine in the world|
|Vikings fire OC DeFilippo after loss to Seahawks|
|Marcelino suggests Valencia open to Batshuayi departure|
|Bottas to make rally debut in title-winning M-Sport Ford Fiesta|
|Kovac dismisses Pavard speculation|
|Yaya Toure leaves Olympiacos after just five appearances|
|Riise challenges Liverpool to banish Champions League disappointment against Napoli|
|We rallied around it - Durant on Green confrontation aftermath|
|Valencia ´p****d off´ with Fellaini´s controversial Young Boys winner - Soler|
|More must be done to combat racism at Premier League grounds – Chalobah|
|Napoli will not sack ´big signing´ Ancelotti if they miss Champions League qualification, says De La|
|Guardiola not interested in ´exceptional´ Saul|
|Shai gives Windies hope with thrilling ODI run chase|
|Ten Hag unsure whether to risk Ajax stars against Bayern|
|Erasmus to work with Bulls as Springboks assist Super Rugby sides|
|Paul Gascoigne pleads not guilty to sexual assault|
|Joshua is ´begging´ for unification fight, claims Wilder|
|Silva, Fernandinho add to Guardiola´s injury woes|
|Hosszu storms to 14th gold, Seto smashes Le Clos´ world record|
|Raheem is an incredible human being - Guardiola rallies behind City star Sterling|
|Sexton pens IRFU extension until 2021|
|Ajax boss Ten Hag can do big things, says Bayern chief Rummenigge|
|He´s good at basketball – Kerr running out of superlatives for Curry|
|Green thrilled to make Warriors return in victory over Timberwolves|
|Madrid squad great and humble - Solari responds to Ronaldo|
|Langer unsure what to expect from Perth wicket|
|Fournette subjected to alleged racial abuse in Titans loss - Marrone|
|Better and better - Mbappe hails Neymar link|
|It´s the end of one of the best movies you could ever see - James pays tribute to retiring Wade|
|NASA invites Curry to see moon rocks|
|No plan B for LaLiga Miami game after Barcelona withdrawal|
|Messi´s English haul, Neymar eyes hat-trick record - Champions League in Opta numbers|
|LeBron trumps Wade in last dance, Curry scores 38 points|
|Seahawks secure dominant win over Vikings|
|Iniesta visits Messi and former club Barcelona|
|Drake makes plea for ball thrown into stands after Miami miracle|
|´Toughest pretty boy I´ve ever met´ - Langer dismisses Paine concerns|
|Van Dijk says Liverpool can challenge for double ahead of Napoli decider|
|Hazard: I´ve always loved Real Madrid|
|Yankees interested in Machado, not Harper - Cashman|
|Warriors´ Curry believes moon landing was faked|
|76ers star Butler suffers strained groin|
|Brady: Patriots still have a lot of football to play|
|´No one died´ - Belichick´s message to Patriots after stunning loss|
|Silva lauds Digne after stunning free-kick|
|Aduriz joins Messi, Ramos in LaLiga history books|
|We have a plan - Ravens coach Harbaugh prepared for Flacco return|
|´It´s difficult to accept´ - Gracia calls for introduction of VAR|
|LaLiga press on with overseas match plan despite Barcelona withdrawal|
|PSG open Coupe de France defence at fifth-tier Pontivy|
|Hazard backs Sterling as Neville reveals England star´s Euro 2016 concerns|
|Everton 2 Watford 2: Digne salvages draw with 96th-minute free-kick|
|Barcelona could ´steal´ Kane, says Pochettino|
|Oakland Raiders fire general manager McKenzie|
|Struggling Villarreal appoint Garcia Plaza as Calleja successor|
|Warriors assign Cousins to G League team|
|Barcelona pull out of plan to play LaLiga game in Miami|
|Pochettino to keep an eye on Inter when Spurs face Barcelona|
|Pochettino confirms Walker-Peters set to start against Barcelona|
|Denver Nuggets add free agent Young|
|Topping Group A no magic wand for an easy knockout draw, says Simeone|
|The cake has been made, now we need the cherry - Ancelotti targets repeat at Anfield|
|Lloris braced to face ´one of the best in history´ in Messi|
|Tuchel expects Neymar to face Red Star|
|Foden signs Manchester City deal to 2024|
|It happened to me! - Valverde laughs off Dembele timekeeping|
|´Projecting´ an Argentina return? Messi met with AFA president and Scaloni|
|Erasmus expects to leave head coach role after World Cup|
|Chelsea issue suspensions pending investigation into Sterling incident|