Following the expiration of Papa Johns's sponsorship contract, the EFL attempted to find new sponsor but were unable to do so.
[2] On 2 November 2023, EFL announced they had reached a sponsorship agreement with car dealership brand Bristol Street Motors and the tournament's name was changed to reflect that from that point.
[3] The defending champions were Bolton Wanderers who defeated Plymouth Argyle 4–0 in the previous season's final, but they were knocked out in the quarter-finals on penalties by Blackpool.
The draw for the Round of 32 was made on Friday 24 November 2023, with ties scheduled to take place on the week commencing 4 December.
[7] The draw was made on Friday 8 December 2023, with ties scheduled to take place on the week commencing 8 January 2024.