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Efter att serverproblem fick F1-mästaren att dra sig ur loppet kallade han turneringen för en "clownshow".
Den tvåfaldiga mästaren kommer att tävla med Team Redline LMP-truppen.
Formula E's current teams and drivers will be implemented in the game.
The former F1 driver will assist in the development of rFactor 2 and accompanying esports events.
BMW, Ferrari, Williams Esports, Red Bull Racing Esports, and Porsche are all attached.
And there are a bunch of other races leading up to it.
The event organiser has announced its first fundraising initiative after the UNICEF partnership.