He will skipper the boat and crew member Ellen Macarthur will be in charge of navigation.
Britain's Ellen MacArthur won in 2000 before finishing second behind Desjoyeaux in that year's Vendee Globe.
BBC: Desjoyeaux crossed the Atlantic in eight days eight hours
It was just before ten-thirty, in the darkness close to the French coast, that Ellen MacArthur made history.
BBC: Mundo | Aprenda ingl��s | Nuevo r��cord alrededor del mundo
Its campaign has been backed by actress Dame Judi Dench, singer Joss Stone and yachtswoman Dame Ellen MacArthur.
He's also interviewed some great names including Andrew Flintoff, Nick Faldo, Frankie Dettori, Vinny Jones and Ellen MacArthur.
Ellen MacArthur had become the fastest person to sail solo around the world.
BBC: Mundo | Aprenda ingl��s | Nuevo r��cord alrededor del mundo
She will be supported by Ellen MacArthur's company, Offshore Challenges, which will manage all technical and race management support.
BBC: NEWS | UK | England | Devon | Bid for 'wrong way' global sail
The Vendee, which is run every four years, catapulted Dame Ellen MacArthur to fame in 2001 when she came second.
Since her retirement from professional sailing in February 2010 she has also founded the Ellen MacArthur Foundation to promote sustainability.
"I am absolutely stoked that we have pulled this off, " said Moloney, a member of British yachtswoman Ellen MacArthur's sailing team.
At the end of her remarkable twenty-seven-thousand mile voyage, Ellen MacArthur spoke briefly to her team manager and close friend, Mark Turner.
BBC: Mundo | Aprenda ingl��s | Nuevo r��cord alrededor del mundo
Other well-know figures who backed the trust's appeal included chef Rick Stein, actor Richard E Grant, yachtswoman Dame Ellen MacArthur and comedian Paul O'Grady.
Among the teams that set off were the highly rated duo of Britain's Ellen MacArthur and France's Alain Gautier on Foncia, an Open 60 Multihull.
Singer and World War II forces sweetheart Dame Vera Lynn, actor Richard E Grant, yachtswoman Dame Ellen MacArthur, comedian Paul O'Grady, and actress Dame Judi Dench are among well-known figures who have given their support to the campaign.
Thankfully, there have been happier stories that she's been sent to report on for Breakfast - Ellen MacArthur's return after breaking the round-the-world record, when London was given the 2012 Olympics, the heart-warming recovery of Danny Biddle, who nearly died in the July 7 bombings, returning to hospital to thank staff for saving his life.
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