Stephen Colbert to undertake 777-mile sailing voyage in May . He will compete in Olympic Yacht Race , event organizers announced . Comedian tells ocean : ` ` Brace yourself '' Colbert has been named as Captain of the Year .
Stephen Colbert to undertake 777-mile sailing voyage in May . He will participate in Charleston Bermuda Race , event organizers say . Comedian tells ocean : `` Brace yourself '' Colbert has been designated Honorary Captain of the Fleet .