The 19-year-old racer has signed a "multi-year contract" to represent the US-based team on the Formula 1 grid next year and finished seventh in his F1 debut for Ferrari at the Saudi Arabian Grand Prix earlier this year.

In a statement, he said: "It's hard to put into words just how much this means to me.

"To say out loud that I will be an F1 driver for Haas makes me so immensely proud.

"To be one of the very few people who get to do the thing that they dreamed of as a child is something truly incredible."

The teenager won four races in 2023, and he scored his first Formula 2 win of 2024 in Austria over the weekend.

As the British Grand Prix launched on Thursday (04.07.24) at Silverstone, Oliver said is performance in Saudi Arabia was a "major contributer" to him being promoted to F1.

He added: "It showed what I was capable of, that the guys with less experience are not so far behind the normal cohort."

He described landing the Haas seat as an "emotional moment" while the team principal Ayao Komatsu was full of praise for his newest teammate.

He commented: "It's an exciting thing to be able to give a young driver as talented as Oliver Bearman his first full-time seat in Formula 1.

"He's developed into an incredibly mature driver under the guidance of the Scuderia Ferrari driver academy and the world saw that for themselves when he was called in at the last minute to compete at the Saudi Arabian Grand Prix."