He Built the Most Iconic Car in History... Then Went to Prison for Cocaine

This car became the most iconic time machine in film history... but the company that built it went bankrupt in under two years, and its founder was arrested by the FBI in a $24 million cocaine sting. This is the true story behind the DeLorean DMC-12 — the gull-wing, stainless-steel car you know from Back to the Future. But long before it became a pop culture icon, DeLorean Motor Company was one of the most dramatic business failures in 20th century automotive history. In this video you'll learn: ✅ How John DeLorean, General Motors' golden boy behind the Pontiac GTO, built his own car company ✅ Why the iconic gull-wing doors and stainless steel body became a production nightmare ✅ How the British government poured over $100 million into a factory in Belfast, Northern Ireland, for political reasons — not business ones ✅ The quality crisis, the price that doubled overnight, and the recession that crushed sales ✅ The moment John DeLorean was arrested by the FBI in a cocaine sting operation ✅ How a car that failed completely as a commercial product became an eternal icon through Back to the Future If you're into car company failure stories, classic automotive brand history, or tales of would-be billionaires who went bankrupt, this video is for you. 🔔 Subscribe for more automotive history videos every week! 💬 Comment below: what car do you think has the craziest failure story?