The film, starring Lee Pace, Jason Sudeikis, Judy Greer and Corey Stoll, will get its world premiere out of competition at the festival on September 8, reports hollywoodreporter.com.
"Venice is an inspiring festival with an incredible audience," said Hamm.
"I am both honoured and delighted to be invited back to share this crazy, untold story."
Inspired by true events, "Driven" is a wickedly comedic look at a bromance gone bad.
Set in the opulence of early 1980s California, the story follows the meteoric rise of DeLorean, and his iconic DeLorean Motor Company, through his friendship with charming ex-con turned FBI informant, Jim Hoffman.
Directed by Hamm, from an original screenplay by Colin Bateman and financed by Romulus Entertainment, "Driven" is produced by Piers Tempest of Tempo Productions, Luillo Ruiz of The Pimienta Film Company and Brad Feinstein of Romulus Entertainment.
The festival runs from August 29 to September 8.
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