diff --git a/.gitignore b/.gitignore
index ca7f342..345f3d8 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1838,3 +1838,4 @@
 /v4.7.0.tar.gz
 /v4.7.1.tar.gz
 /v4.7.2.tar.gz
+/v4.8.0-rc1.tar.gz
diff --git a/podman.spec b/podman.spec
index 8ae7567..5cb58ca 100644
--- a/podman.spec
+++ b/podman.spec
@@ -59,7 +59,7 @@ 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: 4.7.2
+Version: 4.8.0~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
@@ -71,7 +71,7 @@ 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/v%{version_no_tilde}.tar.gz
 Source1: %{git_plugins}/archive/%{commit_plugins}/%{repo_plugins}-%{commit_plugins}.tar.gz
 Provides: %{name}-manpages = %{epoch}:%{version}-%{release}
 BuildRequires: %{_bindir}/envsubst
@@ -200,7 +200,7 @@ 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}-%{version_no_tilde}
 sed -i 's;@@PODMAN@@\;$(BINDIR);@@PODMAN@@\;%{_bindir};' Makefile
 
 # untar dnsname
diff --git a/sources b/sources
index 46638fd..1328ecc 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-SHA512 (v4.7.2.tar.gz) = 1873a158f2e0527b6e57929f391c4ea5adee5fba33e861eb7744cd0ac845f7296f6149b5e824142e701e5b4db95466585206f37402298301f99cc40b781a51ba
 SHA512 (dnsname-18822f9a4fb35d1349eb256f4cd2bfd372474d84.tar.gz) = de371722fbf18cd23b31485ee7ba36bb41d0d9a932d15e50872989c3ca1ff7246da63143c3725d81089fadda3821a54c18b22150d9d16005b07df6824f5f71f8
+SHA512 (v4.8.0-rc1.tar.gz) = 5b3cb3e78d311cf41c5b79ac0b93c34e77b7168230b6f307304be210a34606a937aa6039e2de14a5ae6271b94e7a19e12503335c3796f57c968df004d5f13607