Empire claims that Hinds will appear as the film's villain, who attempts to possess the body of a child once he reaches maturity.
Nicolas Cage will reprise his role as the film's protagonist Johnny Blaze, who turns out to be the father of the child and must defeat the devil to protect his son.
Hinds, a seasoned actor, will next appear as Aberforth Dumbledore in the final Harry Potter films.
The upcoming Ghost Rider sequel was scripted by Batman Begins co-writer David Goyer and will be directed by Mark Neveldine and Brian Taylor.
Ghost Rider: Spirit of Vengeance is scheduled to begin filming in November with an expected release date of February 17 2012.