"I will give my all to do a good job and gain as much experience as possible to continue making progress as a driver.
"I would like to thank the Ferrari Driver Academy and Scuderia Ferrari for this great opportunity and their support. It has been an honour to be part of their programme for the past three years and I am pleased to continue our journey together."
Despite his new role with Ferrari, Ilott took part in the 'young driver' test in Abu Dhabi on Tuesday with Alfa Romeo, finishing eighth on the timesheet, 1.5secs behind the leading time posted by Fernando Alonso for Renault.
Ilott added: “It’s been an amazing day, driving an incredible car.
“From my personal point of view, I’ve really enjoyed it. It took a lot of focus to keep performing at this level, in such a powerful car, but it’s been really good and I hope to get more opportunities to drive this car in the future.”
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