Gamma Cephei (γ Cep, γ Cephei), traditionally named Errai, Er Rai, and or Alrai, is a binary star system approximately 45 light-years away in the constellation of Cepheus. Gamma Cephei contains an apparent magnitude of 3.22. The visible part of the system is a stellar class K1III-IV orange subgiant star on its first ascent off the main sequence. It is about 6.6 billion years old (based on Fe/H metallicity). Since 1943, the spectrum of this star has served as one of the stable anchor points by which other stars are classified.
Gamma Cephei is the naked-eye star that will succeed Polaris as the Earth's northern pole star, due to the precession of the equinoxes. It will be closer to the northern celestial pole than Polaris around 3000 CE and will make its closest approach around 4000 CE. The "title" will pass to ι Cephei some time around 5200 CE.
The star has a companion star with a mass approximately 0.409 times that of our Sun. Gamma Cephei B is of stellar mass and is assumed to be of similar age to its primary. It is probably a red dwarf of class M4, 6.2 degrees of magnitude fainter than the K-type primary star.
Read more about Gamma Cephei: Etymology, Planetary System