Omar Julian Leal will complete the Draco team's line-up for the 2010 season in the Formula Renault 3.5 championship.
The 19-year-old will partner French Formula Renault 2.0 graduate Nathanael Berthon in the team next year.
"I am really very happy to have received from Draco the opportunity to compete with them next season WSR and I thank Adriano and Nadia Morini for this occasion," said Leal, who raced in the series with the Prema team in 2009.
"They deservedly won the Championship and I am in my second year in this category so I want to capitalize on the experience I gathered in this season and at the same time I will use all the weapons that a team like Draco can offer me.
"I am very motivated and I will give my best to achieve the aims I have set, I point in all the races for the positions that really matter.
"After my first season in a well fought and professional category as the WSR and waiting for the new one, I thank first of all my father and my entire family to their support, my manager and especially my sponsors without whom none of this would be possible.
"Finally, once again my new team because it is an honor for me to be a Draco Driver. I hope to repay their expectations."