Formula 1: Mick Schumacher set to race for Haas

Notably, Mick holds a 14-point advantage at the top of the points table.

He has amassed 205 points so far.

His season with Prema Racing saw him netting 10 podium finishes to-date, including a pair of stand-out Feature Race victories at Monza and Sochi respectively.

Schumacher joins Haas F1 Team with six seasons of open-wheel racing under his belt.

"I'm very pleased that we're able to confirm Mick Schumacher in our driver line-up for next season and I look forward to welcoming him into the team," stated Guenther Steiner, Team Principal of Haas F1 Team.

"I firmly believe he's earned the opportunity to graduate into Formula 1 based on his performances," Steiner added.

Mick won the European Formula 3 championship in his second year in the category in 2018.

Mick was appointed to the Ferrari Driver Academy in 2019.

He went on to make his F2 debut last season, winning a race at the Hungarian Grand Prix.

He has won two races so far in a consistent 2020 season.

Mick thanked everyone, especially his parents.

"I would like to thank Haas F1 Team, Scuderia Ferrari and the Ferrari Driver Academy for placing their trust in me. I also want to acknowledge and extend my love to my parents - I know that I owe them everything. I have always believed that I would realize my dream of Formula 1," said Mick.