Since entering formula one based on the F3 team Manor, the outfit has been located at Dinnington, but with the crucial technical headquarters at Wirth Research in Banbury.
It is rumored Leafield has been proposed as the ideal base after the Wirth split by team consultant Pat Symonds.
Symonds is the previously highly-respected engineer who was banned from a direct operational role in F1 following the Renault crashgate scandal two years ago.
Virgin Racing chief executive Graeme Lowdon told the Sheffield Star newspaper: "We are always evaluating our options but we have had no discussions with them (Leafield).
"It is way too early to make any decisions on that. We are reviewing everything and looking at what the best solution is going forwards."