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Roger Penske addresses Indy 500 qualifying violations that led to dismissal of 3 employees

Roger Penske, the owner of Team Penske, Indianapolis Motor Speedway and INDYCAR, has taken accountability for the violations Penske drivers Josef Newgarden and Will Power committed in the Fast 12 session of Sunday's qualifying for the Indy 500 (12:30 p.m. ET on FOX and the FOX Sports app). 

In an exclusive interview with FOX Sports' Jamie Little, Penske said he was "totally disappointed" by the violations, which marked Team Penske's second major technical violation over the last two years, and that he "didn't help" the integrity of INDYCAR. That led Team Penske to dismiss three of its top executives on Wednesday: longtime executive Tim Cindric from the Team Penske race team organization, INDYCAR managing director Ron Ruzewski and general manager Kyle Moyer.

"I'll really have to go back four-and-a-half years ago when we bought the speedway and I said, ‘No. 1, that I would invest capital, get the best people and we'd take the series IMSP and certainly in [the] motorspeedway into higher levels.' I think we've done that. Then, I look at my right hand, and I say, ‘What about Team Penske?’ When I think about Team Penske, we really have had an organizational failure two times. Not once, but two times," Penske told Little when asked what his response was to the news of the violations. 

"Believe me, it hurts me in my gut when you think about it. But I look at it this way: There's a certain amount of credibility you have to have — it's integrity, individually and collectively, our team and the sport. I think we let people down. I made some management changes that we announced today and I think we'll move on. Our goal is to win the race this upcoming weekend."

Penske doesn't believe there are any conflicts of interest involved in

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