Jolyon Palmer says he is in "no rush" to define his racing plans ꦜfor the 2018 season aftಞer losing his Formula 1 drive with Renault earlier this week.

Renault announced on Friday it had signed Carlos Sainz Jr. on loan from Red Bull to partner Nico Hulkenberg next season, leaving P😼almer without a seat for next year.

With few options to remain in F1 for 2018 remaining, Palmer may be forced out of the sp🎉ort, but the 2014 GP2 champion is relaxed and upbeat about what next year will hold.

"I haven’t thought to🍰o much [about my future]. I’m quite excited for next year," Palmer said.

"It’ll certainly be꧋ something di🐽fferent for sure. I know what I’m not going to be doing. We’ll have a bit of time to try and decide.

"I’m not worried about anything in the future. We’l♈l 🐷see, it’s an exciting time."

Following Fo𝓀rce India's confirmation of Sergio Perez and Esteban Ocon for 2018 🉐on Sunday, the only free seats for next year are at Williams, McLaren, Sauber and Toro Rosso.

Williams is the most feasible option for Palmer𝄹, given its requirement fo♕r a driver over 25 to meet sponsor Martini's requirements, although he is unsure whether a move would be possible.

"I don’t know at the moment. We’ll have to see,"ಞ Palmer said.

"I need to have a think for myself 🥀as well. Of course Williams is a great team, a team that I grew up supporting, a good old British team that my dad drove for as well. We’ll have to see.

"I have a little bit of time to think. Obviously I’ve only k🌞nown this for not that long a ti🌌me, so I’ve been focusing on staying with Renault still.

"Now obviඣously that’s not happening, so I can look at other opportunities inside or outside of F1."

When asked by mahbx.com 🐎if drives in Formula E or WEC would be of interest, Palmer said: "I don’t know. I don’t know at the moment. I have time to think about it.

"I’m in no rush to de♏cide what I’m going to do. I𒊎’ll have to wait and see."