Ferrari could be looking to reunite with a recently departed team member.
Ferrari is now in the midst of a new restructuring, parting with technical director Aldo Costa who is expected to be replaced in that role by current chassis boss Pat Fry.
But the Maranello based team has acknowledged its shortcomings in the area of aerodynamics, and according to Autosprint wants Nikolas Tombazis to concentrate fully on the car design rather than head the aero department as at present.
The report mentioned Iley in connection with his old aerodynamics job at Ferrari.
It is also rumoured that a member of Force India's aerodynamics department has signed to join Ferrari.