diff --git a/changelog/changes/2024-01-25-flatcar-update-oem.md b/changelog/changes/2024-01-25-flatcar-update-oem.md
new file mode 100644
index 00000000000..5d5e299e2b5
--- /dev/null
+++ b/changelog/changes/2024-01-25-flatcar-update-oem.md
@@ -0,0 +1 @@
+- Added a `flatcar-update --oem-payloads <yes|no>` flag to skip providing OEM payloads, e.g., for downgrades ([init#114](https://github.com/flatcar/init/pull/114))
diff --git a/sdk_container/src/third_party/coreos-overlay/coreos-base/coreos-init/coreos-init-9999.ebuild b/sdk_container/src/third_party/coreos-overlay/coreos-base/coreos-init/coreos-init-9999.ebuild
index fbc055c49bd..f7550920990 100644
--- a/sdk_container/src/third_party/coreos-overlay/coreos-base/coreos-init/coreos-init-9999.ebuild
+++ b/sdk_container/src/third_party/coreos-overlay/coreos-base/coreos-init/coreos-init-9999.ebuild
@@ -10,7 +10,7 @@ CROS_WORKON_REPO="https://github.com"
 if [[ "${PV}" == 9999 ]]; then
 	KEYWORDS="~amd64 ~arm ~arm64 ~x86"
 else
-	CROS_WORKON_COMMIT="db7a12ed8b5cbfc3023b01af1ed2666c210ba78d" # flatcar-master
+	CROS_WORKON_COMMIT="7e30bf5baa1abc5113024f2238d9c235aedaf62e" # flatcar-master
 	KEYWORDS="amd64 arm arm64 x86"
 fi