A memorial kart race in honor of Dan Wheldon will be held on Dec. 5 at Daytona Milton Keynes ten miles from the late racer's hometown of Emberton in Buckinghamshire.

A number of high profile racers have already agreed to participate in the memorial karting event, including Formula One champion Jenson Button, four time IndyCar champion Dario Franchitti, former Formula One driver Anthony Davidson, 2003 Le Mans winner Guy Smith and World Touring Car Championship title contender Rob Huff, reported Yahoo News.

The race will be a two-hour kart endurance event with between 25 and 30 teams of four people each (a professional driver and three members of the public). 

Johnny Mowlem, a close friend of Wheldon, is the race organizer. He wants the race to include people who either knew or raced alongside two time IndyCar champ Wheldon.

I just wanted to put together an event to honor Dan, Mowlem told Yahoo News. Aside from raising funds for one of the family's chosen charities, I wanted to bring together people who knew and raced with Dan, to have some fun in his honor and give him a send-off he would have been proud of. 

The event has the full support of Dan's family and his dad and brothers will be taking part and share in the evening. I hope members of the public will also appreciate the opportunity to take part and remember one of Britain's most successful and charismatic champions, he continued.

The 33-year-old English race-car driver went careening to his death in the final round after a 15-car pile-up at the 2011 IZOD IndyCar World Championship at the Las Vegas Motor Speedway last month. Wheldon had won the Indianapolis 500 in 2005 and 2011.