With the Major League Soccer season due to end next Sunday a raft of clubs have been linked with the 36-year-old former England and Manchester United midfielder.
However, that is not now going to happen according to Warnock, who was attending Sunday's Abu Dhabi Grand Prix along with players Shaun Wright-Phillips, Jay Bothroyd and Heidar Helguson as guests of owner Tony Fernandes' Team Lotus.
Asked in the Team Lotus garage whether Beckham was still an option, Warnock said: "No, I can't see that.
"We're not there yet, we're a team in the making. We've some very important signings to make in January which we are looking at now, working on, to give us that push towards the end of the season."
Suggested to Warnock that moving for Beckham was too bold a gamble, he added: "No, not really.
"I like David, he is down to earth. It wouldn't bother him playing for QPR. He would play for the local team if he had to, he is that kind of guy.
"In our case, at the moment we've very good players in those areas, and we're looking to strengthen other areas.
"So until we're an established club I think we have to get our priorities right first."