Supt John Wrintmore from Cleveland Police said there was potential for traffic disruption and delays from 15:00 to 17:00 on Friday.
“This will affect areas of South Bank, Normanby Road through Teesville, Ormesby and Marton, and Acklam Road,” he said.
“We are working closely with highways departments from the local authority, who are leading on the traffic management for this event, in order to minimise disruption.
“As with any significant gathering, we have plans in place to ensure public safety and security, which is line with our usual process.”
A spokesperson for Redcar & Cleveland Borough Council said: “A number of schools in the South Bank area will close earlier than usual on Friday afternoon due to anticipated traffic congestion and transport disruption associated with a local funeral taking place in the area.
“The decision was made after careful consideration of the potential impact on home-to-school transport and the departure of pupils, staff and families at the end of the school day.
“Schools have worked with the Local Authority and transport providers to consider arrangements for pupils, including those who travel to and from specialist educational settings.
“We recognise that early closure may cause inconvenience for some parents and carers, and we thank them for their understanding and cooperation.”
The decision comes after a vigil, for one of the young men who died, last week was followed by disorder in Haswell, County Durham, where a number of cars were set on fire.
The incident prompted criticism from MPs and police.
The Volkswagen Passat involved in the collision was being pursued by police until 10 seconds before the crash, according to the police watchdog.
The Independent Office for Police Conduct said the Passat was believed to be using cloned registration plates.
A total of 27 people have been arrested as part of a wider police operation against organised crime, following the crash.
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