diff --git a/CMakeLists.txt b/CMakeLists.txt
index 7bea335e5f1a39b44a3825cf4c01aa278ed1d40d..b225782f724e722b212292b1b148513609c8df9d 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -11,7 +11,7 @@
 
 cmake_minimum_required(VERSION 3.15)
 
-project(Rec VERSION 38.9
+project(Rec VERSION 38.10
 	LANGUAGES CXX)
 
 # Enable testing with CTest/CDash
diff --git a/ReleaseNotes/v38r10.md b/ReleaseNotes/v38r10.md
new file mode 100644
index 0000000000000000000000000000000000000000..aa86c7994b30b0d9adcdeba17b6a0a84f414d301
--- /dev/null
+++ b/ReleaseNotes/v38r10.md
@@ -0,0 +1,35 @@
+2025-08-10 Rec v38r10
+===
+
+This version uses
+Lbcom [v37r10](../../../../Lbcom/-/tags/v37r10),
+LHCb [v57r10](../../../../LHCb/-/tags/v57r10),
+Gaudi [v40r0](../../../../Gaudi/-/tags/v40r0),
+Detector [v3r3p2](../../../../Detector/-/tags/v3r3p2) and
+LCG [106c](http://lcginfo.cern.ch/release/106c/) with ROOT 6.32.10.
+
+This version is released on the `2025-patches` branch.
+Built relative to Rec [v38r9](/../../tags/v38r9), with the following changes:
+
+### New features ~"new feature"
+
+
+
+### Fixes ~"bug fix" ~workaround
+
+
+
+### Enhancements ~enhancement
+
+
+
+### Code cleanups and changes to tests ~modernisation ~cleanup ~testing
+
+
+
+### Documentation ~Documentation
+
+
+### Other
+
+- Update References for: LHCb!5267 based on lhcb-2025-patches-mr/666, !4538 (@lhcbsoft)