The Sun reports the video, featuring previously unseen footage from TV cameras, was given to the police who have now passed it on to the CPS.
The allegation arose from Chelsea's 1-0 defeat at QPR on October 23.
Terry was caught on camera, appearing to make a racist remark at Ferdinand, although the Chelsea defender vehemently denies this.
England skipper Terry insists Ferdinand had shouted "did you just call me a black ****?" and that he was merely answering back "no, I didn't call you a black ****" when the cameras zoomed in.