diff --git a/README.md b/README.md
index eeefc684..f52acaa9 100644
--- a/README.md
+++ b/README.md
@@ -7,7 +7,7 @@
 `skbase` provides base classes for creating scikit-learn-like parametric objects,
 along with tools to make it easier to build your own packages that follow these design patterns.
 
-:rocket: Version 1.1.0 is now available. Check out our
+:rocket: Version 1.1.1 is now available. Check out our
 [release notes](https://skbase.readthedocs.io/en/latest/changelog.html).
 
 | Overview | |
diff --git a/docs/source/user_documentation/changelog.rst b/docs/source/user_documentation/changelog.rst
index 667ff25b..27924d28 100644
--- a/docs/source/user_documentation/changelog.rst
+++ b/docs/source/user_documentation/changelog.rst
@@ -14,6 +14,39 @@ You can also subscribe to ``skbase``'s
 
 For planned changes and upcoming releases, see our :ref:`roadmap`.
 
+[1.1.1] - 2026-08-25
+====================
+
+Bugfix and maintenance release.
+
+Fixes
+-----
+
+* [BUG] mute ``stderr`` in ``QuickTester.run_tests``, and fix ``np.all`` generator
+  checks (:pr:`586`) :user:`yash-sangwan`
+
+Maintenance
+-----------
+
+* [MNT] [Dependabot](deps): Bump ``github/codeql-action`` from ``4.37.3`` to ``4.37.4``
+  (:pr:`579`) :user:`dependabot[bot]`
+* [MNT] [Dependabot](deps): Bump ``github/codeql-action`` from ``4.37.4`` to ``4.37.6``
+  (:pr:`581`) :user:`dependabot[bot]`
+* [MNT] [Dependabot](deps): Bump ``github/codeql-action`` from ``4.37.6`` to ``4.37.7``
+  (:pr:`583`) :user:`dependabot[bot]`
+* [MNT] [Dependabot](deps): Bump ``github/codeql-action`` from ``4.37.7`` to ``4.37.8``
+  (:pr:`585`) :user:`dependabot[bot]`
+* [pre-commit.ci] pre-commit autoupdate (:pr:`580`) :user:`pre-commit-ci[bot]`
+* [pre-commit.ci] pre-commit autoupdate (:pr:`584`) :user:`pre-commit-ci[bot]`
+* [MNT] remove extraneous material from package wheel (:pr:`588`) :user:`fkiraly`
+
+Contributors
+------------
+
+:user:`fkiraly`,
+:user:`yash-sangwan`
+
+
 [1.1.0] - 2026-08-02
 ====================
 
diff --git a/pyproject.toml b/pyproject.toml
index f5ff80d1..a5dc402a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "scikit-base"
-version = "1.1.0"
+version = "1.1.1"
 description = "Base classes for sklearn-like parametric objects"
 authors = [
     {name = "sktime developers", email = "sktime.toolbox@gmail.com"},
diff --git a/skbase/__init__.py b/skbase/__init__.py
index 8f47bba1..aee82d8b 100644
--- a/skbase/__init__.py
+++ b/skbase/__init__.py
@@ -7,4 +7,4 @@
 sktime design principles in your project.
 """
 
-__version__: str = "1.1.0"
+__version__: str = "1.1.1"
diff --git a/skbase/utils/dependencies/_import.py b/skbase/utils/dependencies/_import.py
index 9ba41f2b..1275ce34 100644
--- a/skbase/utils/dependencies/_import.py
+++ b/skbase/utils/dependencies/_import.py
@@ -23,7 +23,6 @@ def _safe_import(import_path, pkg_name=None, condition=True, return_object="Magi
 
     Example: ``clone = _safe_import("sklearn.clone", pkg_name="scikit-learn")``.
 
-
     Parameters
     ----------
     import_path : str