Preheat oven to 325°F.
Pat beef dry with paper towels.
Season roast with salt and pepper.
Heat olive oil in Dutch oven.
Sear beef until browned on all sides.
Remove roast and set aside.
Add onions and carrots to pot.
Cook until slightly softened.
Stir in garlic and tomato paste.
Sprinkle flour and stir well.
Pour in wine and broth slowly.
Scrape browned bits from bottom.
Return beef to the pot.
Add thyme and rosemary.
Cover and place in oven.
Cook for about three hours.
Turn roast halfway through cooking.
Remove when fork tender.
Rest meat for ten minutes.
Slice and serve with vegetables.