PROVIDENCE, Rhode Island — Indy cars won't be zooming through the streets of Providence anytime soon.
WPRO-AM reports (http://bit.ly/1tHXmKF ) a company that had been planning a race through downtown streets for August 2015 now says it has "moved on."
Mark Perrone, president of New England Grand Prix, says the economics of a deal with the city did not work.
Ann Gooding, a spokeswoman for Mayor Angel Taveras, says the city could not reach agreement with the organizers about which routes the cars would use and measures to ensure the safety of pedestrians and vehicles.
Perrone says he might still be open to doing an event in Providence at another time.
He says they are planning an Indy car event in Boston in 2016.