diff --git a/Dockerfile b/Dockerfile
index 94dfacab9..c0149455c 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 # Build the manager binary
-FROM golang:1.19.5@sha256:bb9811fad43a7d6fd2173248d8331b2dcf5ac9af20976b1937ecd214c5b8c383 as builder
+FROM golang:1.20.2@sha256:74a382917f6eaa7cc2d000dc2cd412a7f823f343b3b6268b20d84d057bc56718 as builder
 WORKDIR /workspace
 
 # Run this with docker build --build_arg $(go env GOPROXY) to override the goproxy
diff --git a/config/default/manager_image_patch.yaml b/config/default/manager_image_patch.yaml
index 6391e5764..397902439 100644
--- a/config/default/manager_image_patch.yaml
+++ b/config/default/manager_image_patch.yaml
@@ -8,5 +8,5 @@ spec:
     spec:
       containers:
       # Change the value of image field below to your controller image URL
-      - image: gcr.io/spectro-dev-public/cluster-api-gcp/cluster-api-gcp-controller:20230301
+      - image: gcr.io/spectro-dev-public/cluster-api-gcp/cluster-api-gcp-controller:20230315
         name: manager