Not going to run, according to the New York Times:
Mitt Romney said Friday that he would not seek the Republican nomination for president in 2016. Mr. Romney, the former Massachusetts governor, shared his decision on a conference call with a small group of advisers.
In a second call to a larger group of supporters, Mr. Romney said, “After putting considerable thought into making another run for president, I’ve decided it is best to give other leaders in the party the opportunity to become our next nominee.”
Mr. Romney said he believed he could win the nomination, but he expressed concern about harming the party’s chances to retake the White House. “I did not want to make it more difficult for someone else to emerge who may have a better chance of becoming the president,” he said. He added that it was “unlikely” that he would change his mind.
Let’s hope he doesn’t. A good man but a terrible candidate.