Let the radius of the smaller circles be r. Let the radius of circle X be R. Let the radius of circle Y be r'.
If we draw lines connecting the centers of the circles, we'll form an equilateral triangle with side length 2r. The center of circle X will be at the circumcenter of this triangle, and its distance from each vertex will be R + r.
Using the properties of an equilateral triangle, we can find a relationship between R and r.
After some calculations, we get:
$R = (2 + \sqrt{3})r$
Now, we need to find the radius of circle Y. We can use similar triangles to find the relationship between r' and r.
After some calculations, we get: $r' = \frac{1}{3}r$
Therefore, the ratio of the radii of X and Y is:
$R : r' = (2 + \sqrt{3})r : \frac{1}{3}r = 7 + 4\sqrt{3} : 1$