The signing of the world's most in-demand sailor is a major coup for Brunel skipper Bouwe Bekking, and sets up what should be a compelling rivalry with Burling's long-term sailing partner Blair Tuke, who is competing with Spanish team MAPFRE.
In this Volvo Ocean Race, he will compete against his sailing partner Blair Tuke, sailing for Mapfre.
Burling could become the first sailor in history to win the "Triple Crown" of an Olympic medal, the America's Cup and the Volvo Ocean Race.
Burling got his first taste of life onboard Brunel's Volvo Ocean 65 at the start of an overnight sprint from Plymouth, UK to Saint-Malo, France - the third stage of the Volvo Ocean Race's Leg Zero qualifying series.
Burling likes the feel of his new outfit and says the experience of Bekking and his crew was instrumental to his decision, given his limited blue-water sailing experience.
Peter Burling says the lure of a fresh challenge was irresistible as he joins America's Cup winning team mate Carlo Huisman aboard the Dutch entry in this year's round the world race.
Burling: "Round the world ocean racing has always excited me and I'm stoked to be part of Team Brunel on this epic edition. I think both of us will learn a lot of skills before the next time we sail together and we'll take on a challenge again together soon".
Jobs figure jolts stock markets, dollar higher
The Standard & Poor's 500 index fell less than a point to 2,474, making up much of the ground it lost earlier. Priceline sank 7.8 percent as it projected third-quarter earnings below Wall Street analyst expectations.
Still only 26, Burling is the youngest winning helmsman in America's Cup history. To date, no one has won an Olympic gold medal, the America's Cup and the Volvo Ocean Race.
Team Brunel were runners-up in 2014-15 under Bekking and have hit the ground running in their preparations for the upcoming race.
Peter Burling signs for Team Brunel in the Volvo Ocean Race 2017-18.
Bekking: "I see Peter as an exponent of the new talented generation". He's a huge addition for our team.
"He's a superb driver, he's probably one of the fastest drivers and his way of thinking, that's the way we try to run the campaign ... we like to get input from all the sailors and he will bring some good things to the campaign", Bekking said.
"It's going to be pretty special to be on board to see Auckland, the City of Sails, welcome an epic race like the Volvo Ocean Race", added Burling.
Burling helmed Emirates Team New Zealand to an upset of two-time defending champion Oracle Team USA in the America's Cup in June.