diff --git a/package/python-fastapi/python-fastapi.hash b/package/python-fastapi/python-fastapi.hash
index 41b208a8a7..1810e81e75 100644
--- a/package/python-fastapi/python-fastapi.hash
+++ b/package/python-fastapi/python-fastapi.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/fastapi/json
-md5  af68daf64073e04653b314a895aee297  fastapi-0.115.12.tar.gz
-sha256  1e2c2a2646905f9e83d32f04a3f86aff4a286669c6c950ca95b5fd68c2602681  fastapi-0.115.12.tar.gz
+md5  6de51bff13da558df5f6249d7a33b888  fastapi-0.116.1.tar.gz
+sha256  ed52cbf946abfd70c5a0dccb24673f0670deeb517a88b3544d03c2a6bf283143  fastapi-0.116.1.tar.gz
 # Locally computed sha256 checksums
 sha256  4ec89ffc81485b97fec584b2d4a961032eeffe834453894fd9c1274906cc744e  LICENSE
diff --git a/package/python-fastapi/python-fastapi.mk b/package/python-fastapi/python-fastapi.mk
index 95961972fe..745147dde8 100644
--- a/package/python-fastapi/python-fastapi.mk
+++ b/package/python-fastapi/python-fastapi.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_FASTAPI_VERSION = 0.115.12
+PYTHON_FASTAPI_VERSION = 0.116.1
 PYTHON_FASTAPI_SOURCE = fastapi-$(PYTHON_FASTAPI_VERSION).tar.gz
-PYTHON_FASTAPI_SITE = https://files.pythonhosted.org/packages/f4/55/ae499352d82338331ca1e28c7f4a63bfd09479b16395dce38cf50a39e2c2
+PYTHON_FASTAPI_SITE = https://files.pythonhosted.org/packages/78/d7/6c8b3bfe33eeffa208183ec037fee0cce9f7f024089ab1c5d12ef04bd27c
 PYTHON_FASTAPI_SETUP_TYPE = pep517
 PYTHON_FASTAPI_LICENSE = MIT
 PYTHON_FASTAPI_LICENSE_FILES = LICENSE