diff --git a/sources b/sources
index d3bbd0a..90ce819 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (systemd-250-rc1.tar.gz) = efcf22abb5237328707942636c86b5a9080737913359863c3d568dadfffdd78667a27c0c2f9c6375de37964726e1dec0003092174a440213100a08c691fafce6
+SHA512 (systemd-250-rc3.tar.gz) = 7ddba91eea3357c493a6ec4dc427b4ec9ecd5d6322ab4827aaeb26ccc152354e85d1e81f0aa1bffae5b4d4cbd80626acda764915187d54c1773192bdbb50999f
diff --git a/systemd.spec b/systemd.spec
index 0dff05c..1081ee3 100644
--- a/systemd.spec
+++ b/systemd.spec
@@ -30,8 +30,8 @@
 Name:           systemd
 Url:            https://www.freedesktop.org/wiki/Software/systemd
 %if %{without inplace}
-Version:        250~rc1
-Release:        4%{?dist}
+Version:        250~rc3
+Release:        1%{?dist}
 %else
 # determine the build information from local checkout
 Version:        %(tools/meson-vcs-tag.sh . error | sed -r 's/-([0-9])/.^\1/; s/-g/_g/')
@@ -92,7 +92,6 @@ GIT_DIR=../../src/systemd/.git git diffab -M v233..master@{2017-06-15} -- hwdb/[
 # here, rather than in the next section. Packit CI will drop any
 # patches in this range before applying upstream pull requests.
 
-Patch0001:      https://github.com/systemd/systemd/pull/21705.patch
 
 # Downstream-only patches (5000–9999)
 # https://bugzilla.redhat.com/show_bug.cgi?id=1738828
@@ -1019,6 +1018,12 @@ fi
 %files standalone-sysusers -f .file-list-standalone-sysusers
 
 %changelog
+* Mon Dec 20 2021 Zbigniew Jędrzejewski-Szmek <zbyszek@in.waw.pl> - 250~rc3-1
+- Latest prerelease, see
+  https://raw.githubusercontent.com/systemd/systemd/v250-rc3/NEWS for
+  details.
+- Fixes rhbz#2006761, rhbz#2027627, rhbz#1926323, rhbz#1919538.
+
 * Sun Dec 12 2021 Zbigniew Jędrzejewski-Szmek <zbyszek@in.waw.pl> - 250~rc1-4
 - Move systemd-boot-update.service to -udev subpackage
   and add it the the installation scriptlets (#2031400)