text: Following a somewhat lean period from 1963 to 1972, which included only one European Final in 1968, Italy returned to form in the competition with mixed success. In 1973 they made a European Final before going one step further the following year, losing 4–1 to South Africa in 1974 in the Inter-zonal Semifinals. Two years later, Italy claimed its maiden Davis Cup title when they defeated Chile 4–1 at Estadio Nacional in Santiago. Italy took an early lead on Day 1, after Corrado Barazzutti and Adriano Panatta both won their singles matches. Then Italy took an unassailable 3–0 lead the following day, when Panatta teamed up with Paolo Bertolucci in the doubles, and after finding themselves one-set-to-love down, won the next three sets to win the rubber in four sets. Over the next four years, Italy would reach the Davis Cup final three times, losing all three ties.
  World Group era (1981–2000)
  Since the World Group format begun in 1981, Italy were able to maintain their top 16 status for twenty years. Italy finished as quarterfinalists or better in twelve of those twenty years, including two semifinal loses and one final loss. In the 2000 Davis Cup, Italy lost 4–1 away to Spain setting them up for World Group Playoff clash against Belgium. Playing at home in Rome, Italy lost the tie 4–1, meaning they would be relegated for the first time in the World Group era.
  Relegation and return to World Group
  After Italy's World Group playoff loss, they were relegated to Europe/Africa Zone Group I for the 2001 edition of the tournament. Italy would not return to the World Group until they defeated Chile 4–1 away in the 2011 Davis Cup World Group play-offs. Between 2013 and 2018, Italy were defeated in the Quarterfinals on four occasions and once in the Semifinals. Since the restructuring of the competition in 2019, Italy has made it into the Semifinals in 2022 and in 2023.