01 - Preheat the oven to 325°F.
02 - Pat the beef dry with paper towels and season all sides evenly with kosher salt and freshly ground black pepper.
03 - Heat olive oil in a large Dutch oven over medium-high heat. Sear the beef on all sides until deeply browned, approximately 3 to 4 minutes per side. Transfer the roast to a plate.
04 - Add quartered onions and carrots to the pot, sautéing for 3 to 4 minutes while scraping up browned bits. Add minced garlic and cook for an additional minute.
05 - Stir in tomato paste and cook for 1 minute. Pour in red wine, scraping the bottom of the pot to release remaining browned bits.
06 - Return the beef to the Dutch oven. Add quartered potatoes, beef broth, Worcestershire sauce, bay leaves, and thyme. Bring the mixture to a gentle simmer.
07 - Cover the Dutch oven with its lid and place in the preheated oven. Braise for 2.5 to 3 hours until the beef is fork-tender and vegetables are fully cooked.
08 - Transfer beef and vegetables to a serving platter. Discard bay leaves and thyme stems.
09 - Skim excess fat from the braising liquid. Whisk cornstarch and cold water to create a slurry. Bring the liquid to a simmer on the stovetop, whisk in the slurry, and cook for 2 to 3 minutes until thickened.
10 - Slice or shred the beef and arrange with vegetables. Drizzle with the prepared gravy before serving.