Jean Alesi and Rene Arnoux will compete in the Monaco Historic GP, while Pastor Maldonado is also set to take part.
Taking place from April 23-25, it is set to be the 12th edition of the Historic Grand Prix of Monaco which sees iconic cars of the past take to the streets of the principality.
The 2020 staging was sadly cancelled due to the global pandemic, but it will return in 2021 with some very famous names and faces.
Both Alesi and Arnoux will be in action, competing in the Serie F event for 3-litre F1 cars from the 1973-76 era. They will be behind the wheels of 1974 Ferrari 312B3 cars as team-mates.
The pair have a very strong historical connection with Ferrari and Monaco. Arnoux finished P3 around the Monte Carlo circuit with Ferrari in 1984, while Alesi scored a pair of P3 finishes in Ferrari red at the 1991 and 1993 Monaco GPs.
The 312B3 took Ferrari to P2 in the 1974 standings, driven by Niki Lauda and Clay Regazzoni.
Also taking part in the event will be ex-F1 driver and 2012 Spanish Grand Prix winner Pastor Maldonado.
He will drive a 1937 Maserati 4CM in the Serie A race for pre-war cars.
Arnoux recently weighed in on the current situation at his former team Ferrari. The Scuderia recorded their worst finish in 40 years in 2020, completing the season P6 in the Constructors’ Championship.
“It’s about putting the right people in the right positions within the team and making sure all the departments work well together,” he was quoted by RacingNews365.
“You can have everything in house, but if the people are not on the same page, then you are nowhere.
“Enzo Ferrari and Jean Todt, for example, knew how to manage everything very well at Ferrari. Todt may not have known how to design a car, but he knew exactly how to shape a team. He made sure everything was ready for people who came to work there newly, and because of that the results came. That’s the difference with now.
“Any change takes time, you don’t win again overnight. Therefore, I do not believe that Ferrari can perform miracles in 2021.”