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."
|Composed Woods hits turn with five-shot lead|
|Chiefs´ Mahomes has another record-breaking Sunday|
|Saints QB Drew Brees passes Brett Favre for most career completions|
|Emery hints Leno may need patience after Cech display|
|Picamoles scores four as Montpellier batter 14-man Toulouse|
|Messi breaks LaLiga record|
|Worcester fend off prowling Tigers, Sarries go top|
|AC Milan 2 Atalanta 2: Last-gasp Rigoni rescues a point|
|Neymar keen to repay supporter affection|
|Pellegrini rues West Ham´s wastefulness|
|Paris Saint-Germain´s positive response buoys Tuchel|
|Lewis rekindles fond memories with Vilamoura triumph|
|Arsenal 2 Everton 0: Lacazette, Aubameyang extend winning streak|
|Stephens suffers as Osaka withdraws in Wuhan|
|Rhinos run riot to secure Super League status|
|Risk brings reward for victorious Marquez|
|Let´s have some fun - Wentz tweets message to Eagles fans ahead of return|
|Maybe in a year Chelsea will be at Liverpool´s level – Sarri|
|Under-pressure Rodgers bemoans ´bitty´ Celtic start|
|Slater should be banned for Grand Final - Fittler|
|Simon ends Bachinger fairytale to lift Metz title|
|Dominant Thiem reigns in St. Petersburg|
|Neymar hands young fan his shirt during Paris Saint-Germain victory|
|Quick-Step Floors storm to fourth time trial gold|
|Jorginho sets new passing record in West Ham draw|
|Rubiales slams ´crazy´ LaLiga schedule|
|Rennes 1 Paris Saint-Germain 3: Tuchel´s Ligue 1 record stays perfect|
|Why so serious? Joshua reveals Fury has blocked him on Twitter|
|West Ham 0 Chelsea 0: Sarri´s 100 per cent start comes to frustrating end|
|Marvellous Marquez reigns in Aragon yet again|
|Real Madrid will not go to the USA with LaLiga - Perez|
|Erasmus adds five players to Springboks squad|
|Barcelona snub ´hardest decision´ of Griezmann´s career|
|Perez pays tribute to Ronaldo and Zidane|
|Cazorla concedes Arsenal lacked self-belief under Wenger|
|Get King Kong for AJ! Joshua understands critics´ demands|
|Korea change sees Bertens take title in Seoul|
|I love Bilic, but I let him down – Arnautovic|
|He will never fight me! Fury hits out at ´ponderous´ Joshua|
|Azpilicueta convinced Hazard can be ´the best´|
|Wigglesworth´s career in Opta numbers as he breaks Premiership record|
|Ronaldo has nothing to prove, says Allegri|
|Federer shines as Europe hold narrow lead at Laver Cup|
|Astros, Yankees and Indians record dramatic wins|
|Pliskova too strong for Osaka in Tokyo final|
|Kyle Busch comes from behind to win again in Virginia|
|Dybala can play as a striker – Allegri|
|Pochettino never doubts ´special´ Kane|
|NASCAR results at Richmond: Kyle Busch comes from behind to win again in Virginia|
|McIlroy just worried about himself at Tour Championship|
|MLS Review: Atlanta stay clear of Red Bulls|
|Rose reminds everyone Woods has been here before|
|Cronk in doubt for Grand Final due to ´severe´ shoulder injury|
|Timberwolves sign Towns to extension|
|Hearn wants Wilder for Joshua, not ´un-entertaining´ Fury|
|Woods pleased with putting consistency|
|Ballon d´Or not a focus for Asensio|
|Man City star Mendy revels in Joshua triumph|
|Braves clinch first NL East title since 2013|
|I want Wilder, says Joshua|
|Inter must live on the edge to win, says jubilant Spalletti|
|Woods leads by three at Tour Championship|
|Bordeaux end Clermont´s perfect start, Zebo at double in Racing win|
|Lopetegui not worried about Courtois footwork|
|Joshua finds emphatic answer to Povetkin challenge|
|BREAKING NEWS: Brutal Joshua knocks out Povetkin in seventh round|
|Real Madrid can´t win 5-0 every week - Varane|
|Al Ahly 4 Horoya 0 (4-0 agg): Egyptian giants reach CAF Champions League semi-finals|
|Kings upset Warriors, Leinster batter Edinburgh|
|Son committed to Tottenham amid Bayern links|