The Hollywood Reporter claims that the series will return in January 2011 with what is being described as a "winter wonderland" obstacle course.
The news comes after Wipeout was renewed for a fourth season earlier this year, having become one of producer Endemol's most successful programmes.
ABC has ordered a run of eight episodes as an extension of the show's fourth season.
Wipeout is currently presented by John Henson and John Anderson along with co-host Jill Wagner.
Following the show's success in America, the BBC launched a UK version last year fronted by Richard Hammond and Amanda Byram.