The teams' association had been considering a switch to the British Touring Car package in search of bigger crowds and more promotion, but with no realistic proposals on the table it instead decided to remain with SRO.
The decision means British F3 will continue to hold several races in Europe each year, with the possibility of a fourth date outside the UK being added.
The three foreign rounds this year are at SRO-run FIA GT meetings at Monza, Spa-Francorchamps, and Bucharest.
Ratel was pleased to reach an agreement with the F3 teams and is keen to take the championship to the best possible circuits.
"We're committed to developing the series and have agreed with the teams to look at circuits that will provide driver development," he said. "There is the possibility of more European races on F1 circuits."
British F3 teams' association vice chairman, T-Sport boss Russell Eacott added: "SRO came back with a strong presentation and they're willing to work on things that will hopefully improve that stature of the championship."
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