The Russian driver - who will turn 17 next April - will be supported this year by SMP.
In 2014 Isaakyan made its debut in the Fast Lane Promotion’s championship with the Vespolate-based team since the second round at Pau, scoring a second position and claiming two victories at the Red Bull Ring.
Twice second at Spa-Francorchamps, he had more podium finishes in the three last rounds at Monza, Mugello and Jerez and took the third overall final place in the series, the second best rookie behind the Monegasque Charles Leclerc.
"We’re pleased to confirm Matos for the new FR2.0 season, we worked together last year when he showed the ability to be fast on every track. We expect to realize his potential on track with as much a complete programme he could manage racing in two of the most competitive Championships as Eurocup and ALPS". - team principal Roberto Cavallari commented.