Gingrich may not run for president in 2008

? Newt Gingrich suggested on Sunday he might not run for president in 2008 if a rival has all but locked up the Republican nomination by next fall.

The former House speaker from Georgia said it would not be too late for him to enter the race after Labor Day, if he believed no candidate had a clear advantage. He praised Massachusetts Gov. Mitt Romney, Sen. John McCain of Arizona and former New York City mayor Rudy Giuliani as the contenders to watch.

The nominee will not be picked officially until the Republican National Convention in early September 2008 in St. Paul, Minn.