Born in Tolyatti, Taranov began karting in 2010, finishing eighth in the Daytona Max Lightweight Sprint Series.
[1] In 2011, Taranov moved into open-wheel racing, competing in Formula Renault BARC with Daytona Motorsport.
[2] He ended the season fourteenth, finishing in ten out of the series' twelve races.
[6] He missed the rounds at Croft and Rockingham due to funding issues, but returned for the finale at Silverstone, where he scored his first wins in the series.
[8] In 2014, Taranov will graduate to the GP3 Series with Hilmer Motorsport supported by Force India F1 Team.