diff --git a/Makefile b/Makefile
index 52133a54345eb3829351aa92f294290e89b7a39a..a2fb03798c0c3a3f6408fb9b4d192f3d04cc0b88 100644
--- a/Makefile
+++ b/Makefile
@@ -5,10 +5,10 @@
 # SPDX-License-Identifier:	GPL-2.0+
 #
 
-VERSION = 2013
-PATCHLEVEL = 10
+VERSION = 2014
+PATCHLEVEL = 01
 SUBLEVEL =
-EXTRAVERSION =
+EXTRAVERSION = -rc1
 ifneq "$(SUBLEVEL)" ""
 U_BOOT_VERSION = $(VERSION).$(PATCHLEVEL).$(SUBLEVEL)$(EXTRAVERSION)
 else