Russian Time won the teams' crown in its maiden season last year and came close to the drivers' title with Sam Bird.
The team had been created via the purchase of the iSport outfit at the start of the campaign.
But its founder Igor Mazepa died suddenly at the age of 40 earlier this month, and the Motopark team that had operated the programme then declared that it would no longer be involved.
Russian Time announced on Wednesday that iSport personnel would return to run the operation for 2014, and that it had signed '12 GP3 champion and Mark Webber protege Evans, plus German Formula 3 runner-up Artem Markelov.
Evans drove for Arden in his rookie GP2 season last year, taking four podium finishes.
Fellow 19-year-old Markelov finished second to Marvin Kirchhofer in German F3 last year and then tested Russian Time's GP2 car during the winter.