Eagles guitarist Joe Walsh, bassist and music producer Don Was and singer-songwriter Ben Harper will join Starr in speaking at the ceremony in front of the Capitol Records building on Vine Street.
Starr's star will be near the stars of his late bandmates John Lennon and George Harrison.
Vine Street near the ceremony site will be closed from noon-10 p.m. Monday. Fans are advised to park in lots on Hollywood Boulevard or take the Metro Red Line to the Hollywood & Vine stop.
The ceremony will be shown on the Hollywood Chamber of Commerce's Web site, Hollywoodchamber.net, Starr's site, ringostarr.com, and The Beatles site, thebeatles.com.
The idea of creating the Walk of Fame was first conceived by the Hollywood Chamber of Commerce in 1953 in a bid to return glamour to Hollywood, when the movie industry was declining because of the rise of television, which then mainly emanated from New York City, and the flight from urban areas to the suburbs.
The Walk of Fame began with the installation of a few demonstration stars in August 1958, the first of which was a television star dedicated to Preston Foster, an actor and singer.
The Walk of Fame was dedicated in November 1960 and is one of Southern California's top tourist attractions, drawing an estimated 15 million visitors a year.