1. On May 27, 1908, the Indianapolis Motor Speedway hosted its first race, the Prest-O-Lite Trophy Race. It was a five-mile event won by driver Louis Chevrolet.

2. In 1935, legendary basketball coach John Wooden graduated from Martinsville High School in Indiana. Wooden went on to become one of the most successful coaches in NCAA history, leading the UCLA Bruins to 10 national championships.

3. May 27, 1937, marks one of the deadliest days in Indiana history. A massive flood devastated the state, claiming more than 1,000 lives and causing millions of dollars in damage.

4. On May 27, 1942, Hoagy Carmichael's "Skylark" was recorded for the first time by Glenn Miller and His Orchestra in Chicago. The song went on to become a jazz standard, with covers by countless artists including Ella Fitzgerald and Bette Midler.

5. The Indiana Pacers won their first NBA championship on May 27, 1970, defeating the Los Angeles Lakers in Game 6 of the Finals. It was a historic victory for the Pacers, who became the first ABA team to win an NBA championship.