The former Honda Formula One team is planning to attend a pre-season test in a clear sign that they will be saved from the scrapheap.
An informed source, who did not want to be named, told Reuters that plans were in place for a shakedown of the new car, expected to be powered by a Mercedes engine, at Silverstone next week.
The team could then join other Formula One teams for an official test at Barcelona's Circuit de Catalunya later in March.
There was no official comment from the team but if confirmed, it would be the team's first test since parent company Honda announced in December that they were pulling out of the sport and selling the team.
Earlier this week Honda said they saw no serious buyer.
The season starts in Australia on March 29th but the team would have at least two deadlines before that date, with cars having to be flown to Melbourne at least a week before that and then be presented for scrutineering on the eve of first practice.