The publication said the deal, believed to be headed by a British company and a Middle Eastern sponsor, and possibly some German involvement, could be confirmed this week.
Auto Motor und Sport added that while Suzuki has relinquished his entire 100 per cent shareholding, he will still be the team boss and the outfit will not be renamed.
Additionally, Takuma Sato is reportedly assured his cockpit for 2008 and 2009, with his teammate this season to again be Anthony Davidson.
Honda is to remain as chassis and engine partner, with Super Aguri to race last year's works RA107 - mated with the rear end of the 2008 Honda - at the beginning of this season, Auto Motor und Sport continued.
Later in the year, meanwhile, the team will reportedly get its hands on the entire RA108.