Bjorn (left) and McGinley (right) were teammates for the 2002 Ryder Cup
Paul McGinley and Thomas Bjorn have been named as the captains for the Vivendi Trophy, formerly the Seve Trophy, in September.
McGinley's Britain and Ireland will defend the trophy against Bjorn's Continental Europe in Paris.
The biennial event works on similar matchplay lines to the Ryder Cup.
The 10-men teams will be made up of the top five players on the European money list and the leading five players on the world ranking on 14 September.
McGinley, 42, and Dane Bjorn, 38, played together for the successful Europe team in Ryder Cup in 2002.
Britain and Ireland were originally going to be led by Colin Montgomerie, but the Scot decided to stand down in order to avoid any conflict with his role as Europe's captain at the 2010 Ryder Cup.
Bjorn - who was assistant to Bernhard Langer at the 2004 Ryder Cup - is the chairman of Europe's 15-man Ryder Cup tournament committee and is expected to assist Montgomerie for the 2010 event.
The Vivendi Trophy event will take at the St-Nom-la-Breteche course from 24-27 September.
French-based international media conglomerate Vivendi were recently named as new sponsors of the Seve event in a four-year agreement with the European Tour.
The new title will be The Vivendi Trophy with Severiano Ballesteros, and will take place with The Vivendi Celebrity Trophy in alternate years.
Ballesteros, who captained the European side two years ago against Nick Faldo's Britain and Ireland, has undergone four operations on a brain tumour and is still undergoing treatment.
George O'Grady, chief executive of the European Tour, said: "We are all well aware of the serious health challenges that Seve Ballesteros has faced with such great courage and therefore we are particularly appreciative of Vivendi's decision to ensure with us that the match he created continues in honour of him."