diff --git a/.gitignore b/.gitignore
index 3b5bdd7..f3e465a 100644
--- a/.gitignore
+++ b/.gitignore
@@ -2,3 +2,4 @@
 /libusbx-1.0.13.tar.bz2
 /libusbx-1.0.14.tar.bz2
 /libusbx-1.0.15.tar.bz2
+/libusbx-1.0.16-rc2.tar.bz2
diff --git a/libusbx.spec b/libusbx.spec
index a951f43..af850dd 100644
--- a/libusbx.spec
+++ b/libusbx.spec
@@ -1,9 +1,8 @@
 Summary:        Library for accessing USB devices
 Name:           libusbx
-Version:        1.0.15
-Release:        2%{?dist}
-Source0:        http://downloads.sourceforge.net/libusbx/libusbx-%{version}.tar.bz2
-Patch1:         0001-linux_usbfs-Work-around-a-driver-binding-race-in-res.patch
+Version:        1.0.16
+Release:        0.1.rc2%{?dist}
+Source0:        http://downloads.sourceforge.net/libusbx/libusbx-%{version}-rc2.tar.bz2
 License:        LGPLv2+
 Group:          System Environment/Libraries
 URL:            http://sourceforge.net/apps/mediawiki/libusbx/
@@ -47,8 +46,7 @@ This package contains API documentation for %{name}.
 
 
 %prep
-%setup -q
-%patch1 -p1
+%setup -q -n %{name}-%{version}-rc2
 
 
 %build
@@ -82,6 +80,9 @@ rm $RPM_BUILD_ROOT%{_libdir}/*.la
 
 
 %changelog
+* Mon Jul  1 2013 Hans de Goede <hdegoede@redhat.com> - 1.0.16-0.1.rc2
+- New upstream 1.0.16-rc2 release
+
 * Fri Apr 19 2013 Hans de Goede <hdegoede@redhat.com> - 1.0.15-2
 - Replace tarbal with upstream re-spun tarbal which fixes line-ending and
   permission issues
diff --git a/sources b/sources
index 4cd0da0..d4fcbc4 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-d02c008c04f0ef420e0f2508cfa841ca  libusbx-1.0.15.tar.bz2
+4b6a2bd95601d1e08983b37eadcb90cd  libusbx-1.0.16-rc2.tar.bz2