Matt Parry has been retained by the Koiranen GP team for the 2016 GP3 season.
He enjoyed an impressive debut in the series with the Finnish outfit, claiming three podiums and placing eighth overall.
The Welsh driver won the Formula Renault 2.0 NEC championship in 2013, before finishing 11th in the Eurocup series in the following season.
He will be joined at the team by Russian Matevos Isaakyan. The 17-year-old competed in the final two rounds of 2015 for Koiranen, with a best finish of ninth in the first Abu Dhabi race.
Isaakyan, who is backed by the SMP Racing programme, previously competed in Formula Renault 2.0, finishing third in the Alps series in 2014 and 10th in last year’s Eurocup series.
“GP3 lived up to my expectations as a very competitive series, but already knowing what each of us require should allow for a flying start once the 2016 campaign gets underway,” Parry said.
“Having completed the 2015 season, I am now familiar with all the circuits we race on, so that will also give me a head-start on what I hope will be a tilt at the championship title.
"We don’t know who else is returning from the 2015 season, but I can’t worry about that. I know what I am capable of with the Koiranen GP team, and we both look forward to turning that into race wins and a lot of points second time around.
“The championship title can be my only goal for 2016 and I am already looking forward to getting my head down and working towards that. Getting this deal sewn up so early means that we are already ahead of the field and I intend for it to stay that way.”