diff --git a/CHANGELOG.md b/CHANGELOG.md
index bd4bc6b8..b8538362 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,30 @@
+## [Omni 0.40.1](https://github.com/siderolabs/omni/releases/tag/v0.40.1) (2024-08-08)
+
+Welcome to the v0.40.1 release of Omni!
+
+
+
+Please try out the release binaries and report any issues at
+https://github.com/siderolabs/omni/issues.
+
+### Contributors
+
+* Utku Ozdemir
+
+### Changes
+<details><summary>1 commit</summary>
+<p>
+
+* [`8fb9202`](https://github.com/siderolabs/omni/commit/8fb9202abcfe8734e524e1bc66e1e4aea513081a) fix: fix nil pointer dereference in workload proxy reconciler
+</p>
+</details>
+
+### Dependency Changes
+
+This release has no dependency changes
+
+Previous release can be found at [v0.40.0](https://github.com/siderolabs/omni/releases/tag/v0.40.0)
+
 ## [Omni 0.40.0](https://github.com/siderolabs/omni/releases/tag/v0.40.0) (2024-07-29)
 
 Welcome to the v0.40.0 release of Omni!  
diff --git a/hack/release.toml b/hack/release.toml
index f425180d..a39c7997 100644
--- a/hack/release.toml
+++ b/hack/release.toml
@@ -6,20 +6,4 @@ github_repo = "siderolabs/omni"
 match_deps = "^github.com/((talos-systems|siderolabs)/[a-zA-Z0-9-]+)$"
 
 pre_release = false
-previous = "v0.39.0"
-
-[notes]
-
-  [notes.support-bundle]
-    title = "Support Bundle"
-    description = """\
-Support downloading cluster support bundle from the UI.
-"""
-
-  [notes.watch-stats]
-    title = "Show Total Items"
-    description = """\
-Display total number of clusters and machines on the corresponding pages.
-Also show some basic stats there: the number of clusters not ready and allocated/available machines.
-"""
-
+previous = "v0.40.0"
diff --git a/internal/version/data/tag b/internal/version/data/tag
index 707d5fac..01437515 100644
--- a/internal/version/data/tag
+++ b/internal/version/data/tag
@@ -1 +1 @@
-v0.40.0
+v0.40.1