Carlos Sainz fears it could be too late to rescue the Spanish Grand Prix, which is set to drop off the 2020 Formula 1 calendar.
Motorsport Week understands the race will be replaced by the addition of a Dutch GP at Zandvoort, which will be announced next week.
Sainz remains hopeful something can be sorted to keep his home race on the calendar, but believes it's probably too late to make that happen next year.
"Obviously for me it would be a big loss on the calendar – but as far as I know, negotiations are still ongoing," he said.
"From me, wishing that all the institutions are going to do their job, they’re going to agree on something. I think it’s in the benefit of Barcelona, of Spain, of Formula 1.
"I think a Spanish Grand Prix has a lot of history in Formula 1; I think this track has a lot of history in Formula 1, and it would be a shame to lose it.
"So, hopefully they can agree on something. Maybe not next year because it’s too late, hopefully, just agree on something for the future."
Asked if relocating the race to another Spanish venue such as Jerez would be a satisfactory outcome, he added: "What I would like the most is to have Barcelona. I think this city, this track, deserves to be in Formula 1.
"If you could add Jerez, then even better because I [would] have two [races]. But if you don’t get Barcelona, I wouldn’t mind having Jerez back.
"That’s pretty much my order of priorities if you ask me now. But this city and Spain, I think, deserves to be Barcelona on the F1 calendar."
Barcelona has hosted the Spanish Grand Prix every year since 1991.