Interested candidates and their families can join an online information session on October 4
Toyota pulled out of the championship in November last year, but this new agreement would see Stefan GP benefit from the Japanese manufacturer’s technical knowhow.
The new team would also take over the former Toyota F1 base at Cologne.
Stefanovic insisted he could unveil his team in time for the season opener in Bahrain on March 14 where 13 teams are due to race.
F1 commercial ringmaster Bernie Ecclestone has already expressed doubts over whether or not some of the grid newboys - Lotus, Campos, USF1 and Virgin - will be able to make the first race of the season.
Interested candidates and their families can join an online information session on October 4
'Jawan' songs have been a hit amongst the superstar's IPL cricket team
Batting mainstay Steve Smith is also set to return from a wrist injury for the final warm-up series ahead of the World Cup
President Biden has been under pressure for weeks from fellow Democrats over immigration issue
Slowing production growth could accelerate a move to renewable energy
Treatment of Palestinians remains a 'very important' issue to be resolved, says Saudi Crown Prince Mohammed in a rare interview
The music mogul, 53, has a new album, a new psychedelics-fuelled self-image and a fresh sense of purpose
The announcement was made during the launch of the sixth cycle of the Taqdeer Award on Thursday