Spark ignition engines are one of the main technologies in the transport sector. The improvement and optimization of the fuels used to empower these engines are of vital importance, both for economic and environmental reasons. In particular, one of the main issues of spark ignition engines is the knock phenomenon; new formulations of fuels are being studied in order to overcome this problem. In this study, a possible innovative anti-knock, octane booster additive is considered: ethyl lactate. This molecule is almost unknown in combustion literature, as it has been used only as green solvent and food additive. The first experimental results under combustion conditions are presented, together with a kinetic mechanism. Two setups have been employed: a rapid compression machine, to measure ignition delay times, and an innovative spherical bomb, OPTIPRIME, to obtain laminar flame speeds. The results are encouraging for the expected application and the mechanism shows good performance. Ignition delay times at all conditions are well predicted by the mechanism and, when compared to ethanol, they are longer, implying a greater anti-knock capability. A rate of production analysis has been performed, where the unimolecular reaction leading to ethylene and lactic acid has been proved to be quite important at high temperatures and lean conditions. For laminar flame speeds, the agreement between model and experiments is good, with some discrepancies at lean conditions and high pressures. Compared to ethanol, at rich and stoichiometric conditions ethyl lactate flame speeds are slightly slower except at lean conditions, indicating that under some conditions this molecule could provide better performances than ethanol as an octane booster additive.