Brazilian driver Felipe Nasr dominated the series, winning seven races and recording 16 top three finishes over the first eight rounds of the series, putting him 123 points ahead of Nasr's Carlin Motorsport team mate, Danish driver Kevin Magnussen, giving him an unassailable lead in the championship with two rounds still in hand.
A number of changes were announced for the season, with pit-stops set to be introduced in the third race of each round, but this plan was later abandoned in July 2011. The championship's class system – Championship and National – was also renamed to the International and Rookie Championships. The Rookie winner will receive a fully paid entry to the 2012 International Championship.
A provisional ten-round calendar was announced on 16 October 2010, before this was altered again on 26 November 2010. The Nürburgring meeting was moved from September to July on 4 February 2011. The first and third races at the Spa-Francorchamps round were also points-scoring for the FIA Formula 3 International Trophy.