Flair will appear in one last match scheduled for July 31, multiple media outlets are reporting.
He confirmed the news on Twitter.
The event will be held at the Nashville Fairgrounds on an independent card, ESPN reported.
It will be part of an event associated with a fan convention in Nashville the day after WWE’s SummerSlam, according to CBS Sports.
Flair has not wrestled in a match since 2011, CBS Sports reported.
He has retired from wrestling several times and had last returned to the ring in 2011 when he tore his triceps in a match against Sting.
Who Flair will be wrestling against has not been announced yet, but Sports Illustrated said he may team up with AEW’s FTR against The Rock ‘n’ Roll Express in a six-man tag team match.
Flair has been inducted into the WWE Hall of fame once — in 2008 as an individual and in 2012 as a member of the Four Horsemen.
The Nature Boy has had some medical challenges.
In 2017, he was on life support for 10 days after he had complications from a bowel obstruction, according to Sports Illustrated.
He also has a heart condition according to CBS Sports.
Photos: Ric Flair through the years Here are some memorable photos of Ric “The Nature Boy” Flair through the years. (AP Photo/Charles Sykes)
Photos: Ric Flair through the years 2003: World Wrestling Entertainment (WWE) professional wrestler Ric Flair and Trish Stratus participate in a panel during the "Professor for a Day" event at Nassau Community College March 3, 2003, in Garden City, New York. (Steven Henry/Getty Images)
Photos: Ric Flair through the years 2004: WWE wrestlers (from left) Ric Flair, Triple H, Batista, Randy Orton, Stacy Keibler and Miss Jackie attend the New York Knicks vs. Boston Celtics NBA game March 9, 2004, at Madison Square Garden in New York City. (Ray Amati/Getty Images)
Photos: Ric Flair through the years 2007: Wrestler Ric Flair on the sidelines before the NFC Championship game as the Chicago Bears host the New Orleans Saints on Jan. 21, 2007, at Soldier Field, Chicago. (Al Messerschmidt/Getty Images)
Photos: Ric Flair through the years 2008: Recording artist Curtis "50 Cent" Jackson and pro wrestler Ric Flair attend the after party for Fox Searchlight's "The Wrestler" held at the Academy of Motion Picture Arts and Sciences on December 16, 2008, in Beverly Hills, California. (Alberto E. Rodriguez/Getty Images)
Photos: Ric Flair through the years 2009: WWE Superstar Chris Jericho throws into the air former professional wrestler Ric Flair during WrestleMania 25 at Reliant Stadium on April 5, 2009, in Houston. (Bill Olive/Getty Images)
Photos: Ric Flair through the years 2010: Former American Professional Wrestler Ric Flair performs his famous yell "Wooooo!" for the media during the NASCAR Sprint Media Tour hosted by Charlotte Motor Speedway, held at the Embassy Suites, on January 20, 2010, in Concord, North Carolina. (Jason Smith/Getty Images)
Photos: Ric Flair through the years 2015: John McEnroe (left) and Ric Flair speak at the Delta Air Lines VIP Reception & Chalk Talk, previewing the "Delta Passport to Madison Square Garden," a first-class sports and entertainment experience, on March 3, 2015, in New York City. (Stephen Lovekin/Getty Images for Delta)
Photos: Ric Flair through the years 2016: Professional wrestler Ric Flair (left) attends the 2016 ESPYS at Microsoft Theater on July 13, 2016, in Los Angeles. (Alberto E. Rodriguez/Getty Images)
Photos: Ric Flair through the years 2017: Professional wrestler Ric Flair (left), director Rory Karpf and ESPN Films & Original Content VP and Executive Producer John Dahl "ESPN's 30 for 30: 'Nature Boy'" speak onstage during the ESPN portion of the 2017 Summer Television Critics Association Press Tour at the Beverly Hilton Hotel on July 26, 2017, in Beverly Hills, California. (Frederick M. Brown/Getty Images)
Photos: Ric Flair through the years 2019: Professional wrestler Ric Flair throws out the first pitch before a baseball game between the Detroit Tigers and Houston Astros at Minute Maid Park on August 21, 2019, in Houston. (Bob Levey/Getty Images)
Photos: Ric Flair through the years 2020: Ric Flair and Poo-Pourri Spokeswoman Bethany appear at the Wynwood Marketplace on February 1, 2020, in Miami. (Gerardo Mora/Getty Images for Poo-Pourri)
Photos: Ric Flair through the years 2021: Former professional wrestler Ric Flair on the field before the game between the Jacksonville Jaguars and Houston Texans at TIAA Bank Field on December 19, 2021, in Jacksonville, Florida. (Douglas P. DeFelice/Getty Images)
Photos: Ric Flair through the years 2022: Jeff Jarrett and Ric Flair in action during Ric Flair's Last Match at Nashville Municipal Auditorium on July 31, 2022, in Nashville, Tennessee. (Jason Kempin/Getty Images)