Jolyon Palmer has said he will seize his chance to impress the F1 paddock with Lotus as he builds towards his dream of racing in the championship next season.

The 2014 GP2 champion has been announced as the Lotus third driver for the upcoming year and according to Palmer, he will get 'significant mileage' in testing and some free practice one sessions. The British driver will also work at the team's Enstone factory in the race simulator and help develop the recently announced Mercedes-powered E23 car.

The 24-year-old harbours ambitions of racing in F1 and will use this season to pick up experience to make himself an attractive option for F1 teams in 2016.

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"I'll be working closely with Lotus so I need to learn as much as I can, and when I'm in the car translate that into doing the best job possible," Palmer said. "That means being quick, giving good feedback, and not crashing."

It will be the first year since 2005 that Palmer will not race competitively - unless required to fill in for Romain Grosjean or Pastor Maldonado - and the young driver admitted it could take a while to get used to. However, Palmer is fully-committed to using his opportunity with Lotus as a springboard to an F1 race seat next season.

"From there it's not always in your own hands: it comes down to timing to an extent, and also how desirable I am to put in the car," he explained. "But the main thing is this deal gives me a chance to do something. I have to seize that. That is the aim: to do a good job and hope they want to put me in the car next year."

Palmer refused to rule out of the possibility of switching teams next season if the opportunity arises. The current GP2 champion impressed while testing with Force India last November and was announced to be joining Lotus last week.

"I was looking for a race seat, so we started speaking with all the teams we could. Slowly the seats filled - or dropped away - so first things first, we put a deal together with Force India to test in Abu Dhabi. Then Lotus called up. They were keen to have me on board, offered me good track time and complete immersion within the team, so all the boxes were ticked.

"The only focus at the moment is to make the most of my role with Lotus," Palmer added. "In terms of my future, they're also the obvious focus because they'll know me best. I'll be working directly with the whole team, so they'll see what I can do.

"But that's not to say I can't drive anywhere else. They're a great team with great potential, but I'm looking to race in Formula One."