Preheat your oven to 300°F (150°C).
Season the chuck roast with salt and pepper.
Heat olive oil in the dutch oven over medium-high heat.
Sear the roast on all sides until browned.
Remove the roast and set aside.
Add onions and garlic to the pot, sautéing until translucent.
Stir in tomato paste and cook for 1 minute.
Pour in beef broth and red wine, scraping up browned bits.
Return the roast to the pot, adding carrots and potatoes.
Sprinkle thyme over the top and cover with the lid.
Transfer the dutch oven to the oven and cook for 3-4 hours until tender.