Fuzzy Navel Cake

1 – 16 oz. can peaches
½ cup peach schnapps
1 cup sugar
¼ cup orange juice
1 – 2 layer package yellow cake mix
1 – 4 oz. package vanilla instant pudding mix
4 eggs
2/3 cup oil
½ cup powdered sugar


Combine drained peaches, schnapps, sugar, and orange juice in covered container. Chill for 24 hours. Drain, reserving ¾ cup liquid. Puree peaches in food processor. Combine peach puree with cake mix, pudding mix, eggs, oil, and ½ cup reserved liquid in mixer bowl; mix well. Spoon into greased and floured bundt pan. Bake at 350 degrees for 40 minutes. Invert onto wire rack to cool. Blend powdered sugar and remaining ¼ cup reserved liquid. Drizzle over cake.