Named after Sir Isaac Newton - British mathematician, physicist, astronomer (1643-1727).
Newton is a large crater on Mars, with a diameter close to 300 km. It is located south of the planet's equator in the heavily cratered highlands of Terra Sirenum in the Phaethontis quadrangle. The impact that formed Newton likely occurred more than 3 billion years ago. The crater contains smaller craters within its basin and is particularly notable for gully formations that are presumed to be indicative of past liquid water flows. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.