In a series of announcements the ITF, which runs the men's team competition, also revealed that Swiss watchmaker Rolex would remain as the official timekeeper.

Despite losing last year's final to Croatia, France have been labelled favourites for the Finals in Madrid which have been dubbed "the World Cup of tennis".

Last year's winners Croatia have been seeded second.

Argentina are seeded third having lost in the semi-finals last year, with the rest of the top six seeds completed by Belgium, Great Britain and the United States in that order.

Hosts Spain, who alongside Argentina also made the last four in 2018, are ranked seventh.

The seedings are based on a new ranking system developed for 2019 to reflect the new format of the competition.

A one-off finals has not taken place before, with the competition previously held periodically throughout the season.

Starting this year a one-off tournament will be held featuring 18 nations, with Madrid hosting from November 18 to 24.

When the group draw takes place tomorrow, the top six nations will be drawn into position one across Groups A to F.

The nations ranked seven to 12 will be drawn randomly taking position two, while the nations ranked 13 to 18 will be drawn to take position three.

When announcing Rolex would remain as the official timekeeper, ITF President David Haggerty said the firm plays a "fundamental role" in tennis.

"We are proud to be associated with Rolex and are grateful for their continued commitment to our sport," he said.

Rolex’s communication and image director Arnaud Boetsch called the Davis Cup one of "the great pillars of tennis".

"It has produced some of the most epic matches in the spor's history and enshrines all that we love about the sport - respect for the rules, a sense of fair play and a team spirit that enables players to set aside individual pursuits to compete for the glory of their country," he said.

In a third announcement, the ITF also confirmed the make up of the Davis Cup Groups I and II, which are formed of countries that lost their finals qualifiers last weekend and will be used to establish who plays in next year's qualifiers, and who drops into Zone Group action.

The groups are split into six continental regions, with Americas Groups, Asia/Oceania Groups and Europe/Africa Groups.

Americas I is made up of Brazil, Ecuador and the Dominican Republic, while Asia/Oceania I is formed of India, Uzbekistan and China.

Europe/Africa I has six countries in it - the Czech Republic, Sweden, Austria, Hungary, Switzerland and Portugal.

Americas II contains Peru, Mexico and Guatemala, Asia/Oceania II features Thailand, New Zealand and Chinese Taipei and Europe/Africa II features Romania, South Africa, Denmark, Lithuania, Egypt and Norway.