diff --git a/eng/Version.Details.xml b/eng/Version.Details.xml
index 3cf54af637..2a4ddeb2d7 100644
--- a/eng/Version.Details.xml
+++ b/eng/Version.Details.xml
@@ -32,13 +32,13 @@
       <Uri>https://github.com/dotnet/installer</Uri>
       <Sha>85a0482297aed0816aa8518bdfe3076716706ba3</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.AspNetCore.App.Ref.Internal" Version="7.0.0-preview.7.22361.9">
+    <Dependency Name="Microsoft.AspNetCore.App.Ref.Internal" Version="7.0.0-rc.1.22362.16">
       <Uri>https://github.com/dotnet/aspnetcore</Uri>
-      <Sha>3b3ba24691a33eab2dc42efd3e401a061096a529</Sha>
+      <Sha>69c7a87cd8f05da9c05c373edfc0337c9e864d9e</Sha>
     </Dependency>
-    <Dependency Name="Microsoft.AspNetCore.App.Ref" Version="7.0.0-preview.7.22361.9">
+    <Dependency Name="Microsoft.AspNetCore.App.Ref" Version="7.0.0-rc.1.22362.16">
       <Uri>https://github.com/dotnet/aspnetcore</Uri>
-      <Sha>3b3ba24691a33eab2dc42efd3e401a061096a529</Sha>
+      <Sha>69c7a87cd8f05da9c05c373edfc0337c9e864d9e</Sha>
     </Dependency>
     <Dependency Name="Microsoft.NETCore.App.Runtime.win-x64" Version="7.0.0-preview.7.22361.13">
       <Uri>https://github.com/dotnet/runtime</Uri>
diff --git a/eng/Versions.props b/eng/Versions.props
index 425762026c..6e4b509408 100644
--- a/eng/Versions.props
+++ b/eng/Versions.props
@@ -21,8 +21,8 @@
     <VSRedistCommonNetCoreSharedFrameworkx6470Version>7.0.0-preview.7.22361.13</VSRedistCommonNetCoreSharedFrameworkx6470Version>
     <MicrosoftNETCoreAppRuntimewinx64Version>7.0.0-preview.7.22361.13</MicrosoftNETCoreAppRuntimewinx64Version>
     <!-- Latest shared aspnetcore version updated by darc -->
-    <MicrosoftAspNetCoreAppRefInternalVersion>7.0.0-preview.7.22361.9</MicrosoftAspNetCoreAppRefInternalVersion>
-    <MicrosoftAspNetCoreAppRefVersion>7.0.0-preview.7.22361.9</MicrosoftAspNetCoreAppRefVersion>
+    <MicrosoftAspNetCoreAppRefInternalVersion>7.0.0-rc.1.22362.16</MicrosoftAspNetCoreAppRefInternalVersion>
+    <MicrosoftAspNetCoreAppRefVersion>7.0.0-rc.1.22362.16</MicrosoftAspNetCoreAppRefVersion>
     <!-- dotnet/installer: Testing version of the SDK. Needed for the signed & entitled host. -->
     <MicrosoftDotnetSdkInternalVersion>7.0.100-preview.7.22361.1</MicrosoftDotnetSdkInternalVersion>
   </PropertyGroup>