After hearing rumblings of this being considered in November of last year, Motorsport.com has learned that an "elimination-style" format will indeed be introduced to both national divisions, effective immediately.

The Sprint Cup Series has utilized a Chase format since 2004, which evolved into a knock-out style system in 2014. NASCAR has been very pleased with the results with two nail-biter endings to the season and a single point deciding the champion on both occasions.

The exact details of the new formats is expected to be revealed later today.

CLICK HERE FOR FORMAT