The Repsol Honda rider reveals the Valencia Grand Prix is one of his favourite circuits, considering its home factor and the fact that it is the last race of the season.
However, Pedrosa also believes this year's race will be even more emotionally-charged following the death of Simoncelli at the Malaysian Grand Prix two weeks ago.
"It's [the Valencia Grand Prix] the last race of the championship and it comes with a mixture of emotions - the happiness of racing at home with the great atmosphere we always experience at Cheste, and in turn the sadness of the recent tragic death of our colleague Marco Simoncelli, keenly felt by all of us," Pedrosa said on the official Red Bull website.
"I could go on and talk more about the Valencia atmosphere for the last round of the World Championship, and how the fans there have always been behind us from day one.
"But this year it's going to be even more special and significant.
And while Pedrosa is still locked in a battle with Andrea Dovizioso for third place in the riders' standings, the Spaniard insists the focus will be on producing a race worthy of dedicating to Simoncelli's memory.
"Today [Thursday] we'll be at the circuit, working with the team to try to prepare for a brilliant race on Sunday, that people will enjoy and that everyone in the paddock can devote to Simoncelli."
Pedrosa's Repsol Honda team-mate Casey Stoner has already sealed this year's title after winning nine of the 16 races that have been contested, excluding the ill-fated Malaysian GP.