The prize, named after the event's 2010 Lifetime Achievement Award recipient Chuck Norris, honours the Best Female Action Star of the year.
Carano, who made her movie debut as a leading lady playing a betrayed black ops soldier in the Steven Soderbergh film, will accept the honour at the festival in Asheville, North Carolina in April (12).
The former American Gladiators star says, "It is an incredible honour to be included in this event. Chuck Norris has always been someone I respect and look up to. Being able to represent martial arts as a woman has been a blessing in my life and I am so intensely grateful to the people who have supported and shared this passion with me."
And Norris tells WENN, "I am honoured to have Gina Carano receive this award... I cannot think of a better person than Gina for this honour, and I am proud that she is the first to receive this award. I highly respect her martial arts ability and she deserves all her accolades for Haywire. Watch out world, a star is born. A proven fighter and very tough action star is here to stay."