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

Renault announced on Friday it had signed Carlosꩵ Sainz Jr. on loan from Red Bull to partner Nico Hulkenberg next season, leaving Palmer witho🌳ut a seat for next year.

With few options to remain in F1 for 2018 remaining, Palmer may be forced out of the sport, but the 2014 GP2 champion is relaxed and upb꧙eat about what next 🐓year will hold.

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

"It’ll certainly be something different for sure. I know what I’m not going to be doing. We’ඣll have a bit🌌 of time to try and decide.

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

Following Force 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 for a driver over 25 to meet sponsor Martin♈i's requirements, although he is unsure whether a move would be possible.

"I don’t kno🦹w at t༺he moment. We’ll have to see," 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’ಌll have to see.

🧸"I have a little bit of time to think. Obviously I’ve only known this for not that long a time, so I’ve been focusing on staying with Renault still.

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

When asked by ltxcn.top if drives in Formula E or WE𝐆C would be of interest, Palmer said: "I don’t know. I don’t know at the moment. I hღave time to think about it.

"I’m 𝓀in no rush to decide what I’m going to do. I’ll have to wait and se🍒e."