diff --git a/CHANGELOG.md b/CHANGELOG.md
index ec6e543f..4f7389e0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,6 @@
 # NVIDIA Container Toolkit Changelog
 
+## v1.15.0-rc.1
 * Skip update of ldcache in containers without ldconfig. The .so.SONAME symlinks are still created.
 * Normalize ldconfig path on use. This automatically adjust the ldconfig setting applied to ldconfig.real on systems where this exists.
 * Include `nvidia/nvoptix.bin` in list of graphics mounts.
diff --git a/versions.mk b/versions.mk
index 201f2ad6..f5e708e4 100644
--- a/versions.mk
+++ b/versions.mk
@@ -13,8 +13,8 @@
 # limitations under the License.
 
 LIB_NAME := nvidia-container-toolkit
-LIB_VERSION := 1.14.3
-LIB_TAG :=
+LIB_VERSION := 1.15.0
+LIB_TAG := rc.1
 
 # The package version is the combination of the library version and tag.
 # If the tag is specified the two components are joined with a tilde (~).