The M6 Toll could be free to use when the main M6 motorway is closed, if the road’s operator is released from a Government contract.
Midland Expressway has asked ministers to scrap a deal for it to part-fund the building of a link road between the M6 Toll and the M54 motorways, the BBC reports.
An initial proposal is thought to have been rejected by the government.
The company has debts of £1.03bn and would have to find £100m towards the cost of the link road.
Midland Expressway - a subsidiary of Australian company Macquarie Atlas Roads - said it would make the M6 Toll free to motorists if the M6 was closed for a bad accident or extreme weather conditions, but not for congestion.
The Department for Transport (DfT) said it was unable to comment on the situation while negotiations were ongoing.