Calado will join fellow Britons Lewis Hamilton, Jenson Button, Paul Di Resta and Max Chilton in first practice for the Italian Grand Prix at Monza after landing a test and reserve role with Force India.
For the 24-year-old from Cropthorne, Worcestershire, who is competing in his second season in GP2, he is now one step closer to fulfilling what is naturally a childhood ambition.
But as is the way in F1 these days, Calado appreciates he is in need of a sponsor ready to bankroll a full-time position, recognising the sport is "very political and money orientated".
After being supported by the Racing Steps Foundation since 2007, an organisation that aids the development of young British drivers, Calado will have to stand on his own two feet after this year.
Next season could be pivotal in Calado's career as he has already decided he will not be competing for a third season in GP2.
Speaking to Press Association Sport, Calado said: "I wouldn't want to do another season. Three is too many.
"I don't know what the plan is, and I'm glad I don't because I just want to concentrate on the job I have to do now.
"I'm sure something is going to happen, but at the moment I don't think it has even been discussed.
"Naturally, I'd love to be in F1. It's what I have dreamed of as a kid. That is the ultimate ambition.
"For now, all I can do is try to win the GP2 championship, do a good job with Force India, learn as much as I can and progress forward, and we'll see what happens next year."
Calado at least has one of the top driver managers fighting his corner in Nicolas Todt, who also has F1 stars Felipe Massa, Pastor Maldonado and Jules Bianchi on his books.
Calado is leaving Todt and his All Road Management company to work their magic and hopefully find the funds that will enable him to become a fully-fledged F1 driver.
"Nicolas and All Road are fully behind me, no matter what happens," added Calado.
"Nicolas has a good background. He has Pastor, Jules and Felipe in F1, so he is the guy to be with to progress forward, and we'll have to see what comes about at the end of the year.
"Already, without me even knowing, they are probably looking for some sort of sponsorship because as a young driver I would say it is impossible to get into Formula One without any money at all.
"Talent alone is not enough now, so I'm sure they will do their best to find the right situation.
"Being named reserve with Force India is huge. I'm sure this role will help in trying to secure sponsorship."
Calado goes into the final three rounds of the GP2 championship - in Italy, Singapore and Abu Dhabi - fifth in the standings, but only 24 points adrift of leader Stefano Coletti.