Three people died in the 2007 Acura wrecked near Red Lion Road. Two others were injured.
Sabrina Rhoads and Yvette Gonzalez of Philadelphia, both 17, were ejected from the vehicle and pronounced dead at the scene.
20-year-old Felipe Hernandez of Medford, New Jersey was trapped in the vehicle and died at the scene.
PHOTOS: High-speed crash in Northeast Philadelphia
One survivor is the driver, 20-year-old Christopher Bloomfield of Philadelphia, who will likely face charges, according to sources.
Police are still investigating whether the two vehicles involved were drag racing.
Police say the Acura was one of two vehicles that were seen on surveillance video going at a high rate of speed before the crash.
There was no evidence of drug or alcohol use.