The 1993 tournament was a round-robin format, with the top three teams winning gold, silver and bronze medals respectively. As the tournament was ongoing, the nation of Czechoslovakia was dissolved into two separate nations, the Czech Republic and Slovakia, on New Years Day, 1993. The team remained unified throughout the tournament, however the Czechoslovakian flag and anthem were replaced with the flag and anthem of the International Ice Hockey Federation on January 1. Meanwhile, the former Soviet Union, which had competed in 1992 as the Commonwealth of Independent States was replaced in this tournament by Russia.