diff --git a/CMakeLists.txt b/CMakeLists.txt
index f52614c32..f18d73f91 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -5,7 +5,7 @@ if(COMMAND CMAKE_POLICY)
   CMAKE_POLICY(SET CMP0004 NEW)
 endif(COMMAND CMAKE_POLICY)
 
-project (sdformat14 VERSION 14.1.0)
+project (sdformat14 VERSION 14.1.1)
 
 # The protocol version has nothing to do with the package version.
 # It represents the current version of SDFormat implemented by the software
diff --git a/Changelog.md b/Changelog.md
index 2aa414f8c..c41c7af4e 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,6 +1,15 @@
 ## libsdformat 14.X
 
+### libsdformat 14.1.1 (2024-03-28)
+
+1. Fix warning with pybind11 2.12
+    * [Pull request #1389](https://github.com/gazebosim/sdformat/pull/1389)
+
+1. Use relative install paths in CMake
+    * [Pull request #1387](https://github.com/gazebosim/sdformat/pull/1387)
+
 ### libsdformat 14.1.0 (2024-03-14)
+
 1. Resolve URIs relative to file path
     * [Pull request #1373](https://github.com/gazebosim/sdformat/pull/1373)
 
@@ -22,7 +31,7 @@
 1. Bazel updates for Garden build
     * [Pull request #1239](https://github.com/gazebosim/sdformat/pull/1239)
 
-1. Fix static builds and optimize test compilation 
+1. Fix static builds and optimize test compilation
     * [Pull request #1343](https://github.com/gazebosim/sdformat/pull/1343)
     * [Pull request #1347](https://github.com/gazebosim/sdformat/pull/1347)