diff --git a/dav1d-1.2.0.tar.gz b/dav1d-1.2.0.tar.gz
deleted file mode 100644
index 83ecacc..0000000
--- a/dav1d-1.2.0.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:88669c6113ddfda068f03bf8e864e4e6a1ea2e2480afec86d1bf91a8c600e79d
-size 1462220
diff --git a/dav1d-1.2.1.tar.gz b/dav1d-1.2.1.tar.gz
new file mode 100644
index 0000000..e7de3cd
--- /dev/null
+++ b/dav1d-1.2.1.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:2dd85860d213479672b1c708e31593446e8c2b53ff41e2ca25a2eafb718424e2
+size 1477079
diff --git a/dav1d.changes b/dav1d.changes
index df3cfeb..1219b7e 100644
--- a/dav1d.changes
+++ b/dav1d.changes
@@ -1,3 +1,23 @@
+-------------------------------------------------------------------
+Thu Jun  1 14:49:36 UTC 2023 - Luigi Baldoni <aloisio@gmx.com>
+
+- Update to version 1.2.1
+  * Fix a threading race on task_thread.init_done
+  * NEON z2 8bpc and high bit-depth optimizations
+  * SSSE3 z2 high bit-depth optimziations
+  * Fix a desynced luma/chroma planes issue with Film Grain
+  * Reduce memory consumption
+  * Improve dav1d_parse_sequence_header() speed
+  * OBU: Improve header parsing and fix potential overflows
+  * OBU: Improve ITU-T T.35 parsing speed
+  * Misc buildsystems, CI and headers fixes
+
+-------------------------------------------------------------------
+Wed May 31 21:02:21 UTC 2023 - Jan Engelhardt <jengelh@inai.de>
+
+- Add to description some performance mentions that set it apart
+  from other packages e.g. gav1.
+
 -------------------------------------------------------------------
 Fri May  5 10:32:00 UTC 2023 - Bjørn Lie <bjorn.lie@gmail.com>
 
diff --git a/dav1d.spec b/dav1d.spec
index d4f523f..09b76f3 100644
--- a/dav1d.spec
+++ b/dav1d.spec
@@ -19,7 +19,7 @@
 %define sover   6
 
 Name:           dav1d
-Version:        1.2.0
+Version:        1.2.1
 Release:        0
 Summary:        An AV1 decoder
 License:        BSD-2-Clause
@@ -43,6 +43,8 @@ dav1d is a SIMD-enhanced decoder for AV1 video. It features
 
 AV1 is a royalty-free video codec by the Alliance for Open Media. It
 has the potential to be up to 20%% better than the HEVC codec.
+dav1d outperforms gav1 by about 20%% on ARM and 50%% on x86,
+and has better scaling properties for larger thread counts.
 
 %package        devel
 Summary:        Development files for %{name}