The odd galaxy next to the bright foreground star in this picture is the Vela ring galaxy, visible as a bright core surrounded by a blue halo. As the name suggests, this ring galaxy is located in the southern constellation of Vela (The Sails). It is notable for its compact core and large circular belt of gas and stars.
It is thought that a ring galaxy like this is created when a small galaxy passes through the center of a larger one, triggering a shock wave that spreads outward. That forces gas to the galaxy’s periphery where it begins to collapse and form new stars. The Vela ring galaxy is unusual in that it actually exhibits at least two rings, suggesting that its collision was not a recent one.
Image Credit: ESO