But Red Bull boss Horner told Austria's ORF broadcaster: "We have reached a point where we both want to continue. The team and him.
"It's only a matter of time until we've gone over all the details and come to an agreement," he added.
Horner said it's obvious that Mercedes in particular flirted with signing Ricciardo.
"I believe he had an offer that potentially interested him," Horner said.
"He is impatient and wants to race for the world championship. That's why he was looking around, but I think Ferrari and Mercedes are not changing their teams now."
And he said Ricciardo is quite enthused about Red Bull's switch to fully works Honda power.
"One of things we've told him is where we want to go with the new engines," said Horner.
"He understands our decision. Hopefully, unless Lewis Hamilton ends his career at Silverstone, everything else will be a formality."
Good for RBR and good for DR - Honda will come good, they always do......I hope he gets parity with Max, having beaten him in their rivalry so far it would be hard to take if he was offered less, he's not exactly a boring stereo-typical GP drivers is he - surely he's box office too? Come on RB ...
[Read more]
Good for RBR and good for DR - Honda will come good, they always do......I hope he gets parity with Max, having beaten him in their rivalry so far it would be hard to take if he was offered less, he's not exactly a boring stereo-typical GP drivers is he - surely he's box office too? Come on RB - do the right thing.
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C. Sainz jr
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Good for RBR and good for DR - Honda will come good, they always do......I hope he gets parity with Max, having beaten him in their rivalry so far it would be hard to take if he was offered less, he's not exactly a boring stereo-typical GP drivers is he - surely he's box office too? Come on RB ... [Read more]