  Let $P, Q\in \mathbb{F}_q[X]\setminus\{0\}$ be two coprime polynomials over
the finite field $\mathbb{F}_q$ with $\operatorname{deg}{P} >
\operatorname{deg}{Q}$. We represent each polynomial $w$ over $\mathbb{F}_q$ by
\[w=\sum_{i=0}^k\frac{s_i}{Q}{\left(\frac{P}{Q}\right)}^i\] using a rational
base $P/Q$ and digits $s_i\in\mathbb{F}_q[X]$ satisfying
$\operatorname{deg}{s_i} < \operatorname{deg}{P}$. Digit expansions of this
type are also defined for formal Laurent series over $\mathbb{F}_q$. We prove
uniqueness and automatic properties of these expansions. Although the
$\omega$-language of the possible digit strings is not regular, we are able to
characterize the digit expansions of algebraic elements. In particular, we give
a version of Christol's Theorem by showing that the digit string of the digit
expansion of a formal Laurent series is automatic if and only if the series is
algebraic over $\mathbb{F}_q[X]$. Finally, we study relations between digit
expansions of formal Laurent series and a finite fields version of Mahler's
$3/2$-problem.
