Leno is close to a deal to host a new show for cable network CNBC, sources tell The Hollywood Reporter. The show will focus on Leno's longtime love of cars and will air in primetime, not late night.

Landing Leno is a coup for CNBC. The network, known for financial news, has been trying to broaden its viewership by airing reality shows like The Profit and Restaurant Startup in primetime. Its biggest draw is reruns of financial game show Shark Tank, which have performed very well for the network.

Leno, 64, has been looking for the right home since he passed the Tonight Show baton to Jimmy Fallon before the Winter Olympics in February. Sources say he was courted by several outlets, including CNN, A&E, History and the Tribune stations.