CONCORD, NC - NASCAR announced a new format and strategy for its annual All-Star race on Tuesday.

The race, set for Charlotte Motor Speedway on May 20, will be comprised of four stages -- totaling 70 laps.

The lap total is an ode to "One Hot Night," the 1992 All-Star race -- The Winston -- in which Davey Allison won after being spun out by Kyle Petty.

Here's how the format will work:

  • Four stages (20 laps/20 laps/20 laps/10 laps
  • The final stage is a 10-lap, 10-car stage, drivers can earn a spot by winning a stage, then it's determined by the best average finish in the first three stages
  • The winner will be awarded $1 million

And to spice up the strategy NASCAR has added a new feature.

Faster tires.

Each team will be provided one set of soft tires, which provide more grip and speed. However, teams who choose to put their soft tires to start the final stage must start behind those using regular tires.

"It makes it that much more fun," said 2010 winner Kurt Busch. "Going in to a race with a million bucks on the line. If these tires are soft and fast and they're gonna go, I'll run them all 70 laps. Why not?"