In the wake of strong speculation that the 29-year-old Paulista might lose his seat to a rival driver, it was reported in Turkey that Massa is now closing on a new deal.
Massa had been driven or Scuderia Ferrari formula1 team since 2006 and in 2008 he lost the championship by one point.
Galvao is the influential lead commentator and head of sports for Brazil's Globo TV.
Ferrari had a bad weekend at Istanbul Park, but Galvao said: "Want the good news about Felipe Massa? Everything is set (for a new deal).
"(The contract is) missing two or three commas, but the signing should happen quickly now."
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