The vertex form is:
y = a(x-h)2 + k
where (h,k) is the location of the vertex. We are told that the vertex lies at (1/4,-3/2); so h = 1/4 and k = -3/2:
y = a(x - 1/4)2 - 3/2
To find a, plug in the value of the known point, (1,3), and solve for a:
3 = a(1 - 1/4)2 - 3/2
9/2 = a(3/4)2
9/2 = a(9/16)
8 = a
y = 8(x - 1/4)2 - 3/2