The event will represent the first time Max has driven an F1 car on home soil, and will also be one of the very few occasions in history when a father and son have driven F1 machinery at the same time.
Max Verstappen became only the 12th son of a former driver to compete in F1 this year, following in the footsteps of the likes of David Brabham, Damon Hill and Nico Rosberg.
The 17-year-old, who won the Formula 3 Masters at Zandvoort last year, will drive a Red Bull RB8 in the livery of current team Toro Rosso, while Jos will pilot a Minardi PS03 - the car he drove in what proved to be his final Grand Prix season in 2003.
Former F1 driver Jan Lammers and two-time Indianapolis 500 winner Arie Luyendyk will also take to the track in a Coloni C3 and C4 respectively. Both cars, like Jos's Minardi, will be in their original liveries.
While the event, dubbed ‘Italia a Zandvoort', takes place on Sunday, all four men will also attend a special meet and greet in the centre of the Dutch town on Saturday evening.
"Doing a demo and a show in a Formula One car is always great fun, all the more so if it is for your home crowd," Verstappen told his official website. "Italia a Zandvoort is a great event and I really hope to give all the fans some great fun."