The Scot will become the third recipient of the Gold Medal which recognises an individual who has given a lifetime of service to motorsport and who leaves a lasting legacy.
Former FIA President Jean Todt was the inaugural winner in 2021, before Stewart presented legendary American motorsport team boss and latterly the owner of the IndyCar Series and Indianapolis Motor Speedway Roger Penske with the award in 2022.
Stewart won the third of his world championships 50 years ago in 1973 and went on to co-found the Stewart Grand Prix team which in its current guise as Red Bull Racing has won all but one F1 race this year.
"I am extraordinarily proud to receive this prestigious award in the company of the two previous recipients, who have both certainly done so much for the world of motorsport," said Stewart.
"I am therefore extremely touched to have also been given this wonderful recognition.
"Motorsport continues to be in my life in so many different ways and I have been a follower of motorsport since my very early years when my brother, Jimmy, was racing for Ecurie Ecosse. I am incredibly honoured."
Having impressed with his performances in Jaguar E-Types and in Formula 3, dominating the British championship in 1964, Stewart graduated to F1 in 1965 with BRM and won at Monza in his first season.
Source: Autosport