The Marussia team are set announce a change to Ferrari engines for the new V6 turbo era which begins in 2014.
Marussia's current supplier Cosworth are set to leave F1 at the end of this year and the new partnership is set to be announced in Montreal next week.
"It is clear that the price will be an important factor," Marussia chief executive Andy Webb said this year, "because the cost will be significantly higher than the current engines."
Of the three engine suppliers in F1 next year Ferrari is believed to be offering the cheapest price however that might not be the only reason Marussia and Ferrari will tie-up.
"Ferrari genuinely wants more teams," Marussia technical boss Pat Symonds admitted this month.
"I think they wanted another team anyway and the contact through Jules (Bianchi) has done nothing but help."
Bianchi is currently the cream of Ferrari's young driver academy and that link between the two not only could help Marussia but also bolster Bianchi's chances of a future Ferrari drive.
Another engine deal was announced during the Monaco Grand Prix weekend as it was confirmed Toro Rosso will join sister team Red Bull in using Renault engines from 2014.
Renault CEO Carlos Ghosn was in Monaco and the announcement ends weeks of speculation.
"Strategically for Red Bull and Renault, it makes perfect sense for Toro Rosso to use the same power unit as Red Bull Racing from the 2014 season, which enables synergies between Red Bull and Renault to continue to grow," said Red Bull team boss Christian Horner.
The deal may also help Marussia's deal with Ferrari as Toro Rosso have used the Scuderia's engines since 2007.
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