Jamie Chadwick has signed for the Italian Prema team after receiving financial backing from Rodin Cars’ multi-millionaire boss David Dicker.
The Williams development driver and inaugural W Series champion will be competing in the regional Formula 3 series from August with the view of then moving up the ranks to International F3 and F2 with Prema.
Chadwick is hoping with the help of her new investor, she can reach Formula 1 “by 2023 or 2024”.
“It’s a dream come true, really,” Chadwick said via BBC Sport.
“If I had a smaller budget I couldn’t race with a top team like Prema and give myself the best chance to perform and justify being in F1.
“The scary thing with motorsport is the financial backing required. It’s an insane amount, but it’s so exciting to have been given an opportunity to do it with Prema.
“To drive in Formula 3, for example, you’re looking at double what I got in W Series prize money [she received £500,000 in prize money].”
Chadwick tested a Rodin car in New Zealand back in March and Dicker was encouraged by her performance.
“Jamie is an exceptional racing talent,” he said.
“We are taking a long-term view on this in fully supporting her journey as she moves up the ladder towards F1.”
Chadwick also revealed she almost didn’t go to the test after the global health crisis threatened to derail her plans.
“I did get stuck in New Zealand,” she said.
“It was a very close call whether I was going to go – I was on the flight when I found out that six hours after I actually landed there you’d have to go into quarantine for 14 days and I would not have gone.
“To be honest it was a helpful time. It was a bit of a shame they went into lockdown – driving cars around all day would have been a great life – but sadly I couldn’t do it. But it definitely helped with the conversations.
“It’s the most exciting moment of my career, and gives me security and structure. Every year I’ve gone racing I’ve always had that uncertainty [of what I could do the following year], but now I have structure and support, and I can focus on performing my best.”