diff --git a/.gitignore b/.gitignore
index a609cd9..e543672 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1834,3 +1834,4 @@
 /v4.6.0.tar.gz
 /v4.6.1.tar.gz
 /v4.6.2.tar.gz
+/v4.7.0-rc1.tar.gz
diff --git a/podman.spec b/podman.spec
index 4473d84..1a4b257 100644
--- a/podman.spec
+++ b/podman.spec
@@ -76,7 +76,7 @@ Epoch: 5
 # If that's what you're reading, Version must be 0, and will be updated by Packit for
 # copr and koji builds.
 # If you're reading this on dist-git, the version is automatically filled in by Packit.
-Version: 4.6.2
+Version: 4.7.0~rc1
 # The `AND` needs to be uppercase in the License for SPDX compatibility
 License: Apache-2.0 AND BSD-2-Clause AND BSD-3-Clause AND ISC AND MIT AND MPL-2.0
 Release: %autorelease
@@ -88,7 +88,7 @@ ExclusiveArch: aarch64 ppc64le s390x x86_64
 Summary: Manage Pods, Containers and Container Images
 URL: https://%{name}.io/
 # All SourceN files fetched from upstream
-Source0: %{git0}/archive/v%{version}.tar.gz
+Source0: %{git0}/archive/v4.7.0-rc1.tar.gz
 Source1: %{git_plugins}/archive/%{commit_plugins}/%{repo_plugins}-%{commit_plugins}.tar.gz
 %if %{defined gvproxy_subpackage}
 Source2: %{git_gvproxy}/archive/%{commit_gvproxy}/%{repo_gvproxy}-%{commit_gvproxy}.tar.gz
@@ -223,13 +223,6 @@ A replacement for libslirp and VPNKit, written in pure Go.
 It is based on the network stack of gVisor. Compared to libslirp,
 gvisor-tap-vsock brings a configurable DNS server and
 dynamic port forwarding.
-
-%global desc_gvforwarder Forward traffic from a tap interface over vsock
-%package -n gvisor-tap-vsock-gvforwarder
-Summary: %{desc_gvforwarder}
-
-%description -n gvisor-tap-vsock-gvforwarder
-%{desc_gvforwarder}
 %endif
 
 %package -n %{name}sh
@@ -246,7 +239,7 @@ It is a symlink to %{_bindir}/%{name} and execs into the `%{name}sh` container
 when `%{_bindir}/%{name}sh` is set as a login shell or set as os.Args[0].
 
 %prep
-%autosetup -Sgit -n %{name}-%{version}
+%autosetup -Sgit -n %{name}-4.7.0-rc1
 sed -i 's;@@PODMAN@@\;$(BINDIR);@@PODMAN@@\;%{_bindir};' Makefile
 
 # untar dnsname
@@ -414,9 +407,6 @@ cp -pav test/system %{buildroot}/%{_datadir}/%{name}/test/
 %doc %{repo_gvproxy}-%{commit_gvproxy}/README.md
 %dir %{_libexecdir}/%{name}
 %{_libexecdir}/%{name}/gvproxy
-
-%files -n gvisor-tap-vsock-gvforwarder
-%dir %{_libexecdir}/%{name}
 %{_libexecdir}/%{name}/gvforwarder
 %endif
 
diff --git a/sources b/sources
index 8ebecd1..a77bd5d 100644
--- a/sources
+++ b/sources
@@ -1,3 +1,2 @@
-SHA512 (v4.6.2.tar.gz) = 0c89ff3df21e9ca0eb6891600eb86c47463a53bd004d1564cc4661f0ea303dc245b47467d586db29587f960d5c78e0326b7f33ef87ba95e142e3320c56ceaa99
 SHA512 (dnsname-18822f9a4fb35d1349eb256f4cd2bfd372474d84.tar.gz) = de371722fbf18cd23b31485ee7ba36bb41d0d9a932d15e50872989c3ca1ff7246da63143c3725d81089fadda3821a54c18b22150d9d16005b07df6824f5f71f8
-SHA512 (gvisor-tap-vsock-407efb5dcdb0f4445935f7360535800b60447544.tar.gz) = 8b9e687c8be7063641839b5764787ae82561635ae6410585a3c70552bed741e6a63154f55d0209a6408861d5ee76619a765e70b2deda37d38802f6e5b57f2a4c
+SHA512 (v4.7.0-rc1.tar.gz) = 3a69210db0bc074627818d7990506a361402fbdd70c312464dd351f9664eaea91190fe438cc194cd1f572afbcbba4cf4a187b688c724c1784a01165d8bdaf56c