The two-day event involves 10 68ft yachts in a race around the Isle of Wight as part of the opening weekend of Cowes Week.
Goddard and Cardy are raising money through their participation in the race for Help for Heroes, which provides support to servicemen and women who have been wounded in Iraq and Afghanistan. Goddard says: “It is a very rewarding charity. You can debate the politics about having soldiers in Afghanistan but they are laying down their lives.”
Anyone interested in donating money can visit www.justgiving.com/Fay-Goddard.