  We present new VLA and Effelsberg observations of the radio galaxy
8C0821+695. We have obtained detailed images in total intensity and
polarization of this 2 Mpc sized giant. The magnetic field has a configuration
predominantly parallel to the source main axis. We observe Faraday rotation at
low frequencies, most probably produced by an ionized medium external to the
radio source. The spectral index distribution is that typical of FR II radio
galaxies, with spectral indices gradually steepening from the source extremes
towards the core. Modeling the spectrum in the lobes using standard synchrotron
loss models yields the spectral age of the source and the mean velocity of the
jet-head with respect to the lobe material. The existence of a possible
backflow in the lobe is considered to relate spectral with dynamical
determinations of the age and the velocity with respect to the external medium.
Through a very simple model, we obtain a physical characterization of the jets
and the external medium in which the radio galaxy expands. The results in
8C0821+695 are consistent with a relativistic jet nourishing the lobes which
expand in a hot, low density halo. We infer a deceleration of the source
expansion velocity which we explain through a progressive increase in the
hot-spot size.
