DOVER, Del. -- Joe Gibbs Racing hopes to get Kyle Busch's contract extended well before it expires after the 2013 season.

Team president J.D. Gibbs said on Sunday at Dover International Speedway he would like to have a new deal "sooner rather than later" and he believes it is Busch's intention to stay.

"It's always neat to have it done sooner than later," Gibbs said. "All of our drivers, different times, when it works, what fits? We're in that process now."

Gibbs said there is no sense of urgency from JGR or Busch to get an extension done before the end of this season.

"He doesn't feel like it's a big panic to do it," Gibbs said. "Contracts nowadays, there's just a lot of stuff in them. There's the whole appearance thing, there's the whole what you are required to do, how do you mix it?

"Personally, I would love it to go sooner than later, but we're in no panic mode."