Jenson Button says he will sit down with the McLaren team to discuss his future after the summer break once the season has resumed in September.
The Briton, who has been with the team since the 2010 season, came close to losing his seat at the end of the 2014 season as McLaren reunited with both Fernando Alonso and Honda.
However he signed a last-minute two-year deal to remain, which is set to end later this season.
The 2009 champion could be replaced by Stoffel Vandoorne which would either see him retire or possibly move teams, with Williams the most likely candidate, with team boss Claire Williams admitting he is an "attractive choice" but warned the team wouldn't wait for him to make a decision.
They might not have to wait too long though as Button says contract talks will begin next month.
"I haven't talked to the team yet," explained Button. "In September we are going to sit down and have a chat and decide whether I want to be racing in Formula 1 or whether they want me racing in Formula 1 or what the decision is."
Button says he would consider competing in the World Endurance Championship or even Rallycross in the future.
"If I'm not racing in F1 next year, I don't know where I'm going to be. [I'll] have some fun," he added.
"I would love to be part of the WEC programme. I think I would really enjoy the camaraderie and the team effort that goes into building and racing a car for a long distance event.
"I'd also like to do Rallycross in the future, something my dad did. There's lot of things I'd love to do.
"There are so many options, not just in motorsport, but in other sports, in life."
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