BBC bosses are reportedly in advanced talks to sign Jodie Kidd, Philip Glenister and Guy Martin as the new Top Gear presenters.
The three names have been among the frontrunners tipped to present the show for some time.
Kidd currently presents Channel 5's The Classic Car Show, while motorcycle racer Guy Martin has previously presented documentaries and Life on Mars actor Philip Glenister is thought to add an off-beat element to the line-up.
The show’s co-creator Andy Wilman, who has quit the series, was allegedly overheard describing the new-line up while having lunch with Jamiroquai singer Jay Kay, the Sunday Express reported.
The BBC has declined to comment on the speculation.
The alleged “dream team” line-up follows the departure of Jeremy Clarkson from the flagship BBC2 show after he was suspended by the BBC for punching a producer on set. His co-stars Richard Hammond and James May also confirmed they would not be returning to the show without Clarkson.
Last week, Clarkson, Hammond and May were seen filming at Goodwood Motor Circuit, prompting rumours of a possible Top Gear comeback.
Things you never knew about Top Gear
Things you never knew about Top Gear
1/14 Top Gear isn't really for adults
It's 'aimed at people with a mental age of nine', according to executive producer Andy Wilman.
2/14 Planet Earth loves it...
Top Gear is screened in more than 100 countries worldwide and has millions of fans.
3/14 ...but not all motoring hacks do
You might think Jezza was a hero of the motoring hack world but that's not strictly accurate. Telegraph journalist Neil Lyndon summed Top Gear's 21st birthday last year up well: 'Does that mean Billy Bunter and his gang finally get forced out of the Fourth Remove and into long trousers?'
4/14 The Top Gear theme tune is a classic rock song
Seven-minute instrumental 'Jessica' by The Allman Brothers was a hit in 1973. Top Gear has recorded its own version now but used part of the original recording at first. One for the road trip playlist.
5/14 Jeremy Clarkson couldn't get much more controversial if he tried
The presenter is currently suspended from the BBC following a 'fracas' with a producer over a steak dinner. Past scandals include a string of racism allegations.
6/14 This Porsche caused all sorts of trouble in Argentina
The Top Gear team were forced to flee Argentina after locals took offence at the car's number plate - believing it was a deliberately provocative reference to the Falklands War of 1982.
7/14 If it's car-buying advice you want, look elsewhere
It's an in-joke in Top Gear that they don't do car tests. You would be mad to make a purchases based on Jezza's verdict.
8/14 Richard Hammond had a near-death experience filming Top Gear
The 'Hamster' was filming a Top Gear segment in a dragster called Vampire when its front-right tyre burst at 288mph. Hammond spent two weeks in a coma but luckily went on to make a full recovery. He requested that no mention of the crash was made in future Top Gear episodes.
9/14 Jeremy Clarkson is more than a little bit taller than Richard Hammond
Nine inches, to be precise.
10/14 Top Gear used to offer real advice
Before these lads took over, it was a real car-reviewing show with presenters such as Angela Rippon, who gave practical reviews of down-to-earth workhorses such as Cavaliers or Mini Metros.
11/14 Those 'reasonably priced' cars take quite a battering
Denis Chick, of Vauxhall, is brave to have lent the show a fleet of his Astras. He said: "Vauxhall Astra sales would not improve if everyone drove like Jimmy Carr around the Dunsfold track." The comedian hilariously took his test car's front off-side tyre clean off its rim.
12/14 Jeremy Clarkson is a YouTube star
Stray down the motoring internet hole and you'll find lovingly posted videos of 'Clarkson the early years' with incredibly loud hair reviewing 1990s cars in an oddly sensible manner. Very disturbing viewing.
13/14 There have been multiple Stigs
Racing driver Perry McCarthy was stuntsman The Stig on the first two series of Top Gear - here's the man under that famous helmet.
14/14 Ben Collins was The Stig for eight years
Ben Collins was The Stig on Top Gear for eight years. He left amid a clash with the BBC when he unmasked his identity and published an autobiography. Collins thinks Top Gear has 'lost some of its sparkle'.
It later emerged the trio were filming for their forthcoming UK tour, formerly known as Top Gear Live, which has now been renamed Clarkson, Hammond and May Live following Clarkson’s dismissal from the BBC.
Top Gear will return in a new form next year, with BBC2 controller Kim Shillinglaw refusing to rule out the possibility of a female presenter.
“We’ll definitely look at some women, but it’s not a driving priority”, she said.
“I worked with a lot of female presenters and when I used to work in science that was something across the piste that I really wanted to tackle.
“But I don’t think I’ve ever approached an individual show thinking that was the way I want to cast it so I think it’s an open book on that.”