diff --git a/changelog.txt b/changelog.txt
index 143513dbe3..48332016e9 100644
--- a/changelog.txt
+++ b/changelog.txt
@@ -1,3 +1,48 @@
+1.10.0-RC1 (2020-02-09)
+------------------------------------------------------------------------
+Feature: Allow server to supply a reason to kicked/banned clients (#7859)
+Feature: [NewGRF] Station variable 6A, querying GRFID of nearby station tiles (#7956)
+Feature: Improved logic of sharing industry production between 3 or more stations (#7922)
+Feature: Highlight the item under mouse cursor in file browser (#7900)
+Feature: [GS] Methods to change town rating of companies (#7898)
+Feature: [NewGRF] Callback profiling command (#7868)
+Feature: Add a setting to show the name of the NewGRF of a vehicle in the build window (#7852)
+Feature: Ability to filter industry directory window by cargo (#7843)
+Feature: Minimap screenshot type (#7817)
+Feature: [GS] Methods to control engine availability of a specific company (#7791)
+Feature: Configurable game ending year (#7747)
+Feature: Separate window for taking screenshots (#7550)
+Change: Move autorenew setting to basic category (#7984)
+Change: Improved algorithm for transfer feeder payments (#7935)
+Change: Show volume sliders with wedges instead of boxy slider (#7902)
+Change: Auto-restart loads the original resources (e.g. save or scenario) again (#7688)
+Change: Improve readability of integer lists saved to config files (#7396)
+Fix #7976: Crash when attempting to kick the host via rcon (#7985)
+Fix #7592: Road vehicles no longer balanced between multiple road stop stations (#7979)
+Fix: Station rating effects affecting too large area (#7977)
+Fix #7974: Crash when Ctrl+click to show a collapsed vehicle group (#7975)
+Fix #7969: Crash when executing a recursive console alias (#7973)
+Fix #6566: Very long loading of the maximum "zoom out" level at high resolutions (#7968)
+Fix #7952: Crash when switching input languages (#7953)
+Fix: [OSX] Don't show a crash/assertion message box for a GUI-less video driver (#7934)
+Fix #7925: Corrupt savegames could lead to corruption of the titlegame (#7932)
+Fix: [Fluidsynth] Music notes from previous song were not properly reset (#7930)
+Fix: Invalid string usage within music window (#7928)
+Fix: Non-deterministic name sorting in industry directory window (#7915)
+Fix #7899: Various issues with town list window sorting (#7906, #7916)
+Fix #7587: Fix possible crashes when loading old save games with invalid waypoint positions (#7894)
+Fix: Avoid a crash by properly resetting timetable duration when loading old savegames (#7894)
+Fix: Possible crash when post road-works cleanup removes all road pieces (#7903)
+Fix #7891: Fix crash when loading save from 1.7.2 (#7892)
+Fix #7887: Missing sound effects for some main toolbar buttons (#7888)
+Fix #6667: Avoid confusion by also recalculating bridge costs for 'spectated' AI companies (#7884)
+Fix: Allow old NewGRF industries to hide in/out cargo slots (#7882)
+Fix: [Windows] Fix bootstrap GUI with Uniscribe but no Freetype (#7878)
+Fix: Missing keycodes for hotkeys.cfg (#7850)
+Fix #7625: Ensure road infrastructure cost is correctly updated when upgrading your own roads (#7628)
+Fix #7088: Avoid crash by closing AI/GS textfile windows when changing their in-game slot (#7094)
+
+
 1.10.0-beta2 (2019-12-25)
 ------------------------------------------------------------------------
 - Feature: [Script] More error mappings (#7857)
diff --git a/known-bugs.txt b/known-bugs.txt
index 440a4709ff..0d3f6ef64c 100644
--- a/known-bugs.txt
+++ b/known-bugs.txt
@@ -1,6 +1,6 @@
 OpenTTD's known bugs
-Last updated:    2019-12-25
-Release version: 1.10.0-beta2
+Last updated:    2020-02-09
+Release version: 1.10.0-RC1
 ------------------------------------------------------------------------
 
 
diff --git a/os/debian/changelog b/os/debian/changelog
index 6b24aaa7d5..dd2ce4bd75 100644
--- a/os/debian/changelog
+++ b/os/debian/changelog
@@ -1,3 +1,9 @@
+openttd (1.10.0~RC1-0) unstable; urgency=low
+
+  * New upstream release 1.10.0-RC1
+
+ -- OpenTTD <info@openttd.org>  Sun, 09 Feb 2020 12:00:00 +0000
+
 openttd (1.10.0~beta2-0) unstable; urgency=low
 
   * New upstream release 1.10.0-beta2
diff --git a/os/rpm/openttd.spec b/os/rpm/openttd.spec
index 340a9886b9..e847cba99c 100644
--- a/os/rpm/openttd.spec
+++ b/os/rpm/openttd.spec
@@ -17,9 +17,9 @@
 #
 
 Name:           openttd
-Version:        1.10.beta2
+Version:        1.10.RC1
 Release:        0
-%define srcver  1.10.0-beta2
+%define srcver  1.10.0-RC1
 Summary:        An open source reimplementation of Chris Sawyer's Transport Tycoon Deluxe
 License:        GPL-2.0
 Group:          Amusements/Games/Strategy/Other
diff --git a/os/windows/installer/install.nsi b/os/windows/installer/install.nsi
index 2561b76d55..e60cb48ca1 100644
--- a/os/windows/installer/install.nsi
+++ b/os/windows/installer/install.nsi
@@ -2,8 +2,8 @@
 !define APPV_MAJOR 1
 !define APPV_MINOR 10
 !define APPV_MAINT 0
-!define APPV_BUILD 1
-!define APPV_EXTRA "-beta2"
+!define APPV_BUILD 2
+!define APPV_EXTRA "-RC1"
 
 !define APPNAME "OpenTTD"   ; Define application name
 !define APPVERSION "${APPV_MAJOR}.${APPV_MINOR}.${APPV_MAINT}${APPV_EXTRA}"  ; Define application version