Heat 2 tablespoons of olive oil in a large, oven-proof skillet over medium heat. Add in the white onion, minced garlic, and carrots. Saute until they are softened, about 5 minutes.

Then, increase the heat to high and add in the minced beef, along with the diced pancetta. Cook for 5 more minutes, until the beef is browned. Stir occasionally to ensure the beef is fully cooked through.

Next, add in the tomato paste, bay leaves, beef stock and season with salt and pepper. Though it may seem odd,…