David Permut is developing a biopic of maverick auto executive John Z. DeLorean, with Steve Lee Jones also producing through his Bee Holder Productions, reports Variety.
The film will chronicle DeLorean’s rise and fall, starting with his work as a young executive VP at General Motors, where he developed the Pontiac GTO and Firebird, and the creation of his own company and the DeLorean DMC-12 car – later featured in the “Back to the Future” films. DeLorean’s downfall came when was arrested in 1982 on charges of drug trafficking to help his faltering auto company. He was freed two years later after a court ruled he was a victim of government entrapment.
Permut Presentations VP Steve Longi will co-produce.