F1 deal for Senna

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The 26-year-old Brazilian - nephew of three-times world champion Ayrton, who was killed in an accident in the 1994 San Marino Grand Prix - admitted it is his dream to compete in F1.

He said: "I'm absolutely delighted to fulfil a lifetime's dream. Now it is time to set new targets. The project Campos Meta have developed is designed to succeed both on and off track."

Speaking to his fans on his Twitter page, Senna added: "Guys, I'd like to thank you all for the great support.

"After many weeks of hard work and negotiations, me and my management finally made it. I'm very happy and I'd like to share this moment with you. Now it's time to focus and work hard in preparation for next season."

Senna had hoped to be in F1 this season as he appeared poised to sign for Honda a year ago prior to their decision to withdraw from the sport, but once Brawn GP rose from the ashes, the team opted to retain the experienced services of Jenson Button and Rubens Barrichello.

That left Senna, who was last year's GP2 runner-up, kicking his heels competing in sports car events, but now he has finally secured his place in F1 after discussing the prospect with a number of teams.

Campos CEO Enrique Rodriguez de Castro said: "It is a great pleasure to welcome Bruno to the team. For us, it is an extraordinary honour to be returning the name Senna to Formula One.

"We have followed him closely since his early days in minor series and testified how quickly he developed his speed and skills at GP2 to become one of the most promising up-and-coming drivers of his generation.

"It is astonishing how fast he is entering the F1 scenario after just a few years in motor racing."