We present FUSE H Lyman series spectroscopy of the hot white dwarf companio
n to the 4th magnitude A1 III star beta Crt, which shows that it has an unu
sually low mass, M-WD = 0.43 M-circle dot, and has almost certainly evolved
through binary interaction. This system could be a long-sought remnant of
Algol-type evolution, although radial velocity measurements appear to show
that the pair are not close. Instead, micro-variations in the proper motion
of beta Crt as measured by Hipparcos suggest that the period could be as h
igh as similar to 10 yr. However, a low-mass white dwarf in a system with a
period greater than or similar to3 yr is difficult to explain by conventio
nal models for binary evolution. We speculate on alternative models for the
evolution of this system which involve an eccentric binary or multiple com
ponents.