Preheat the oven to 325 F. Grease and flour a 12-cup Bundt cake pan.
In a large mixing bowl, combine the flour, sugar, baking powder, salt, orange juice, oil, extract, zest, and eggs. Beat on medium-high speed for 3 minutes. Pour the batter into the prepared Bundt cake pan.
Bake for 45 to 50 minutes, until a cake tester or toothpick inserted in the center comes out clean.
Meanwhile, combine the powdered sugar and lemon juice and beat until smooth.
Remove the cake from the oven. With a skewer or large carving fork, prick the cake all over. Spoon about half of the glaze over the hot cake and let stand for 10 minutes. Carefully invert onto a cake plate and spoon the remaining glaze over the cake.