The federation President Ednaldo Rodrigues has expressed his intentions to utilise the team's upcoming friendlies in Europe as an opportunity to discuss the possibility with the current Real Madrid boss.
Rodrigues emphasized that Ancelotti is their primary candidate to replace Tite, who departed the Brazil team following their quarterfinal exit at the World Cup in Qatar last year.
"He remains the Plan A, and during this trip with the national team in Europe, we hope to gain greater clarity," stated Rodrigues during a press event held at the CBF headquarters in Rio de Janeiro.
Brazil is scheduled to face Guinea in Spain on June 17th and Senegal in Lisbon, Portugal on the 20th.
Rodrigues emphasized the significance of the trip in determining the future coach.
"The trip will be very significant for us in deciding the coach.
"I intend to have conversations with Ancelotti and the president of Real Madrid.
"Only after those discussions will it be possible to determine if it will happen or not."
Carlo Ancelotti, who is currently under contract with Real Madrid until 2024, has a termination clause in his agreement.
However, Rodrigues expressed confidence that this contractual obligation would not hinder a potential deal with Brazil.
"The issue, for sure, is not the fine. The problem is the contract, and nobody wants to break it," Rodrigues affirmed.
"We are committed to this idea and are doing everything within our power to make it work and become a reality."
Last month, Ancelotti had dismissed Brazil's interest, stating his intention to honour the final year of his contract with Real Madrid.
However, the persistence of the Brazilian federation has seemingly prompted a reconsideration from the Italian coach.
Since their World Cup departure, the Brazilian national team has been without a permanent coach and suffered a 2-1 defeat to Morocco in their first friendly of the year, led by interim coach Ramon Menezes.
Menezes, who serves as the U-20 coach, will oversee the friendly matches on European soil this month as well.