We study the internal dynamics of the rich galaxy cluster ABGC 209 on the basis of new spectroscopic and photometric data. The distribution in redshift shows that ABCG 209 is a well isolated peak of 112 detected member galaxies at z=0.209, characterised by a high value of the line-of-sight velocity dispersion, sigma_v=1250-1400 km s-1, on the whole observed area (1 h-1 Mpc; from the cluster center), that leads to a virial mass of M=1.6-2.2× 1015 Msun within the virial radius, assuming the dynamical equilibrium. The presence of a velocity gradient in the velocity field, the elongation in the spatial distribution of the colour-selected likely cluster members, the elongation of the X-ray contour levels in the Chandra image, and the elongation of cD galaxy show that ABCG 209 is characterised by a preferential NW-SE direction. We also find a significant deviation of the velocity distribution from a Gaussian, and relevant evidence of substructure and dynamical segregation. All these facts show that ABCG 209 is a strongly evolving cluster, possibly in an advanced phase of merging. Based on observations collected at the European Southern Observatory, Chile (Proposal ESO No 68.A-0116).