The two musicians performed the cover a the Intuit Dome in Los Angeles on Saturday (October 12)
Rose was Joel's final guest at his Madison Square Garden residency earlier this year
Schenker's album ‘My Years With UFO’ came out on September 20
The new project is set to be “like an '80s version” of ‘Daisy Jones & the Six’
The Guns N' Roses frontman performed three songs with Joel at the latter's 150th Madison Square Garden show
“And I’m working with them in that capacity"
"How could I turn this opportunity down?”
"Maybe he’s getting into the wine business. Axl Rose Rosé," joked one fan
The suit accused him of sexually assaulting Sheila Kennedy in 1989
"There's just too many songs, and people stay for the whole thing"