It is the first known time the company has attempted to replicate anything but modern Formula One vehicles since securing the Formula One video game rights in 2008.
"Classic Edition" will include five cars from the 1980s from teams Ferrari, Williams and Lotus, as well as six cars from the 1990s from the Ferrari and Williams teams.
It has not been revealed if historically-accurate car liveries featuring now-banned tobacco advertising will appear in the game, though a teaser trailer revealed Gerhard Berger's F1/87 with its Marlboro sponsorship "blacked out".
Nigel Mansell, Mario Andretti, Emerson Fittipaldi, Gerhard Berger, as well as other yet-to-be-revealed drivers have been announced as featuring in the game's 1980s era.
David Coulthard, Eddie Irvine, Alain Prost and Jacques Villeneuve are just some of the drivers to be available for cars in the 1990s.
Though Codemasters have not yet finalised the list of playable drivers, the company has already attracted criticism for not having announced Ayrton Senna and McLaren's 1988 championship-winning MP4/4.
It has been speculated the MP4/4's livery, featuring heavy Marlboro sponsorship, has caused the company to omit its appearance in the game.
Players will be able to drive the classic cars on modern tracks as well as on historical configurations of the Circuito de Jerez, Brands Hatch and Imola circuits.
Codemasters Formula 1 video game series has attracted criticism in recent years because of its slow development from year to year.
The company has released an F1-titled game each year since 2010. It is believed heightened demand for greater video game features prompted the company to introduce classic cars and tracks.
As with its previous three releases, the game will contain all the official content, seen previously, for simulating the 2013 Formula One World Championship season.
Demonstration videos suggest players will be able to drive the classic cars on all 19 tracks featuring in the 2013 Formula One World Championship Season.
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