Jaime Alguersuari has filled the vacant seat at Toro Rosso, much to the suspected rumours.
It came to light at the German Grand Prix earlier this month that Sebastian Bourdais could be on his way out of the Italian team after failing to produce satisfying results and being constantly out performed by rookie team mate Sebastian Buemi.
Bourdais was sacked a few days ago and Toro Rosso announced today that Alguersuari will try his hand at the steering wheel.
The young Spaniard will become the youngest ever Formula One driver when he makes his debut at the Hungarian Grand Prix this coming Sunday. He is truly grateful for the drive at Toro Rosso, who are the sister team to in-form Red Bull Racing, a team with a glowing record of bringing up drivers from the junior ranks, Sebastian Vettel being their crown jewel.
Alguersuari is grateful for this opportunity and said, "I would like to thank Red Bull forgiving me this great opportunity to race in Formula One."
"Coming into Formula One is never easy, coming into Formula One in the middle of a season is even harder. I am getting great support from the team, who have quite a reputation for looking after rookie drivers."
So lets take a look at Mr Alguersuari's track record, many of us, myself included, had never heard of him before the German Grand Prix.
In 2004 Jaime became the youngest ever driver to win the Spanish Karting Championship and in the same year he took fourth place in the Italian Open Master and finished seventh in the overall European championship.
Trying his hand at single seater racing in 2005, Alguersuari finished third in Renault's Formula Junior 1.6, taking two victories along the way. This achievement earned his a place on the Red Bull young driver programme and in the next two years he competed in the Italian Formula Renault 2.0 series and the Formula Renault Eurocup and success in each allowed the talented young driver to make the jump to British Formula Three, his biggest challenge yet.
Alguersuari made this challenge look like a walk in the park. With five wins, twelve podiums and six pole positions he became the youngest ever champion of the series.
Into 2009 and after just six races in Formula Renault 3.5 he was called up as reserve driver for Red Bull and one race weekend later the Spaniard finds himself in a Formula One race seat, one of the most glamourous and exhilarating sports on the planet... second only to golf of course!
With a lot of "youngest ever" records, the future looks bright for this young superstar and this break could either make him or break him. My opinion? I think it'll make him. I tip him to bring his success into Formula One and make his track record even more illustrious.