Formula One and local organisers have given up on plans to hold a race in downtown Miami because of the disruption for businesses and residents, the Miami Herald reported on Wednesday.
It said they were now looking into an alternative race location on land next to the Hard Rock Stadium, home of the Miami Dolphins NFL team, to the north of the Florida city.
"We want to do something great for Miami," said Tom Garfinkel, vice chairman and CEO of the Miami Dolphins and Hard Rock Stadium.
"Unfortunately when we finally received the detailed report of what it would take to build out a street circuit each year, the multiple weeks of traffic and construction disruption to the port, Bayfront Park and the residents and businesses on Biscayne Boulevard would have been significant.