Carlin Motorsport will compete in the GP2 Series next year after joining forces with DPR.
The deal involves current DPR team boss David Price staying with the team, while Trevor Carlin will run the operation.
Carlin said: "I am absolutely delighted that we are moving into GP2 next season. I am confident we can build on the success that DPR has achieved in its last two years in GP2.
"Dave and I have come to an agreement which is beneficial to both of us and having him involved next year will be invaluable."
The GP2 programme will be the fourth category that Carlin will compete in, along with Formula BMW, Formula Three and World Series by Renault.
Price added: "This puts the top on the Carlin pyramid from the 15-year-old drivers entering this sport right through to the door of F1.
"Trevor and I have been discussing this for several months and now the time is right from both of our perspectives to form this alliance."
The team will be named Carlin DPR for next season, and the operation will move to the former Brabham F1 factory in Surrey, which Carlin bought earlier this year.
The facility has an in-house wind tunnel which will be used for development of the GP2 programme and Carlin's successful F3 project.