01 - Set the oven to 325°F.
02 - Pat the beef dry with paper towels and season generously with salt and black pepper on all sides.
03 - Heat olive oil in a large oven-safe Dutch oven over medium-high heat. Brown the beef on all sides, about 4 to 5 minutes per side. Remove and set aside.
04 - Add onions, carrots, celery, and garlic to the pot and sauté for 5 minutes until slightly softened.
05 - Stir in tomato paste and cook for 1 minute to develop flavor.
06 - Pour in red wine, scraping the browned bits from the bottom of the pot. Add beef broth and stir to combine.
07 - Return the beef to the pot. Arrange potatoes around the roast and tuck rosemary, thyme, and bay leaves into the liquid.
08 - Cover the pot with a lid and roast in the oven for 2 hours or until beef is fork-tender and vegetables are cooked through.
09 - Remove herbs and bay leaves. Let the roast rest 10 minutes before slicing. Serve with vegetables and pan juices.