We report the discovery of a new Cartwheel-type collisional ring galaxy, PGC 1112751, which we named “Eridanus Wheel” (EW). Such systems result from head-on collisions between galaxies and are of considerable interest as laboratories for studying star formation in propagating density waves and the response of the star-gas disk of galaxies to strong external perturbations. During a systematic visual inspection of fields from the DESI Legacy Imaging Surveys, we identified a galaxy at a redshift of z = 0.0856 whose morphology closely resembles that of the famous Cartwheel Galaxy. EW exhibits a well-defined inner ring and a more diffuse outer ring, with so-called “spokes” visible in the region between them. The ring galaxy and its possible intruder are connected by a faint optical bridge. The projected distance between the centers of the galaxies is about 60 kpc. Using data from the DESI Legacy Surveys, we performed a photometric study of galaxies in the griz filters. We conclude that the Eridanus Ring is a giant late-type galaxy with a strong radial color gradient, whose observed morphology is most likely explained by a relatively recent head-on collision with an early-type galaxy. The further evolution of this object will most likely lead to the formation of a galaxy with a low surface brightness disk.