diff --git a/metadata.yaml b/metadata.yaml
index f6da37a5..cfae25fa 100644
--- a/metadata.yaml
+++ b/metadata.yaml
@@ -24,3 +24,6 @@ releaseSeries:
   - major: 0
     minor: 6
     contract: v1beta1
+  - major: 0
+    minor: 7
+    contract: v1beta1
diff --git a/test/e2e/config/e2e_conf.yaml b/test/e2e/config/e2e_conf.yaml
index f1774ca5..9aff6ea4 100644
--- a/test/e2e/config/e2e_conf.yaml
+++ b/test/e2e/config/e2e_conf.yaml
@@ -64,8 +64,8 @@ providers:
   - name: rke2-control-plane
     type: ControlPlaneProvider
     versions:
-    - name: "v0.4.0"
-      value: "https://github.com/rancher/cluster-api-provider-rke2/releases/download/v0.4.0/control-plane-components.yaml"
+    - name: "v0.6.0"
+      value: "https://github.com/rancher/cluster-api-provider-rke2/releases/download/v0.6.0/control-plane-components.yaml"
       type: "url"
       contract: v1beta1
       files:
@@ -76,19 +76,7 @@ providers:
           new: "imagePullPolicy: IfNotPresent"
         - old: "--leader-elect"
           new: "--leader-elect=false"
-    - name: "v0.5.0"
-      value: "https://github.com/rancher/cluster-api-provider-rke2/releases/download/v0.5.0/control-plane-components.yaml"
-      type: "url"
-      contract: v1beta1
-      files:
-        - sourcePath: "../../../metadata.yaml"
-          targetName: "metadata.yaml"
-      replacements:
-        - old: "imagePullPolicy: Always"
-          new: "imagePullPolicy: IfNotPresent"
-        - old: "--leader-elect"
-          new: "--leader-elect=false"
-    - name: v0.6.99
+    - name: v0.7.99
       value: "../../../controlplane/config/default"
       contract: v1beta1
       files:
@@ -102,20 +90,8 @@ providers:
   - name: rke2-bootstrap
     type: BootstrapProvider
     versions:
-    - name: "v0.4.0"
-      value: "https://github.com/rancher/cluster-api-provider-rke2/releases/download/v0.4.0/bootstrap-components.yaml"
-      type: "url"
-      contract: v1beta1
-      files:
-        - sourcePath: "../../../metadata.yaml"
-          targetName: "metadata.yaml"
-      replacements:
-        - old: "imagePullPolicy: Always"
-          new: "imagePullPolicy: IfNotPresent"
-        - old: "--leader-elect"
-          new: "--leader-elect=false"
-    - name: "v0.5.0"
-      value: "https://github.com/rancher/cluster-api-provider-rke2/releases/download/v0.5.0/bootstrap-components.yaml"
+    - name: "v0.6.0"
+      value: "https://github.com/rancher/cluster-api-provider-rke2/releases/download/v0.6.0/bootstrap-components.yaml"
       type: "url"
       contract: v1beta1
       files:
@@ -126,7 +102,7 @@ providers:
           new: "imagePullPolicy: IfNotPresent"
         - old: "--leader-elect"
           new: "--leader-elect=false"
-    - name: v0.6.99
+    - name: v0.7.99
       value: ../../../bootstrap/config/default
       contract: v1beta1
       files:
diff --git a/test/e2e/e2e_suite_test.go b/test/e2e/e2e_suite_test.go
index 00f078d9..bc92160e 100644
--- a/test/e2e/e2e_suite_test.go
+++ b/test/e2e/e2e_suite_test.go
@@ -257,8 +257,8 @@ func initUpgradableBootstrapCluster(bootstrapClusterProxy framework.ClusterProxy
 		InfrastructureProviders:   config.InfrastructureProviders(),
 		IPAMProviders:             config.IPAMProviders(),
 		RuntimeExtensionProviders: config.RuntimeExtensionProviders(),
-		BootstrapProviders:        []string{"rke2-bootstrap:v0.5.0"},
-		ControlPlaneProviders:     []string{"rke2-control-plane:v0.5.0"},
+		BootstrapProviders:        []string{"rke2-bootstrap:v0.6.0"},
+		ControlPlaneProviders:     []string{"rke2-control-plane:v0.6.0"},
 		LogFolder:                 filepath.Join(artifactFolder, "clusters", bootstrapClusterProxy.GetName()),
 	}, config.GetIntervals(bootstrapClusterProxy.GetName(), "wait-controllers")...)
 }
diff --git a/test/e2e/e2e_upgrade_test.go b/test/e2e/e2e_upgrade_test.go
index db000b86..77594396 100644
--- a/test/e2e/e2e_upgrade_test.go
+++ b/test/e2e/e2e_upgrade_test.go
@@ -85,8 +85,8 @@ var _ = Describe("Workload cluster creation", func() {
 	})
 
 	Context("Creating a single control-plane cluster", func() {
-		It("Should create a cluster with v0.5.0 and perform upgrade to latest version", func() {
-			By("Installing v0.5.0 boostrap/controlplane provider version")
+		It("Should create a cluster with v0.6.0 and perform upgrade to latest version", func() {
+			By("Installing v0.6.0 boostrap/controlplane provider version")
 			initUpgradableBootstrapCluster(bootstrapClusterProxy, e2eConfig, clusterctlConfigPath, artifactFolder)
 
 			By("Initializing the cluster")
@@ -118,8 +118,8 @@ var _ = Describe("Workload cluster creation", func() {
 			clusterctl.UpgradeManagementClusterAndWait(ctx, clusterctl.UpgradeManagementClusterAndWaitInput{
 				ClusterProxy:          bootstrapClusterProxy,
 				ClusterctlConfigPath:  clusterctlConfigPath,
-				BootstrapProviders:    []string{"rke2-bootstrap:v0.6.99"},
-				ControlPlaneProviders: []string{"rke2-control-plane:v0.6.99"},
+				BootstrapProviders:    []string{"rke2-bootstrap:v0.7.99"},
+				ControlPlaneProviders: []string{"rke2-control-plane:v0.7.99"},
 				LogFolder:             clusterctlLogFolder,
 			}, e2eConfig.GetIntervals(specName, "wait-controllers")...)