diff --git a/ports/python3/0008-fix-parallel-install.patch b/ports/python3/0008-fix-parallel-install.patch
new file mode 100644
index 00000000000000..26554644c46466
--- /dev/null
+++ b/ports/python3/0008-fix-parallel-install.patch
@@ -0,0 +1,15 @@
+diff --git a/Makefile.pre.in b/Makefile.pre.in
+index 790d974..88fc444 100644
+--- a/Makefile.pre.in
++++ b/Makefile.pre.in
+@@ -2019,6 +2019,10 @@ Python/thread.o: @THREADHEADERS@ $(srcdir)/Python/condvar.h
+ .PHONY: build_all_generate_profile build_all_merge_profile
+ .PHONY: gdbhooks
+ 
++# Serialize targets which may create <prefix>/lib
++libinstall:  altbininstall
++libainstall: altbininstall
++
+ # IF YOU PUT ANYTHING HERE IT WILL GO AWAY
+ # Local Variables:
+ # mode: makefile
diff --git a/ports/python3/portfile.cmake b/ports/python3/portfile.cmake
index 74ceb801ea4038..494703ff4b7d00 100644
--- a/ports/python3/portfile.cmake
+++ b/ports/python3/portfile.cmake
@@ -13,6 +13,7 @@ set(PATCHES
     0003-devendor-external-dependencies.patch
     0004-dont-copy-vcruntime.patch
     0005-only-build-required-projects.patch
+    0008-fix-parallel-install.patch
 )
 if(VCPKG_LIBRARY_LINKAGE STREQUAL "static")
     list(PREPEND PATCHES 0001-static-library.patch)
diff --git a/ports/python3/vcpkg.json b/ports/python3/vcpkg.json
index b0e20b8f79d5cb..4c16b303273b95 100644
--- a/ports/python3/vcpkg.json
+++ b/ports/python3/vcpkg.json
@@ -1,7 +1,7 @@
 {
   "name": "python3",
   "version-semver": "3.10.0",
-  "port-version": 2,
+  "port-version": 3,
   "description": "The Python programming language",
   "homepage": "https://github.com/python/cpython",
   "supports": "!(arm | uwp)",
diff --git a/versions/baseline.json b/versions/baseline.json
index 24b60f6482f664..62e0f1cf3998ea 100644
--- a/versions/baseline.json
+++ b/versions/baseline.json
@@ -5466,7 +5466,7 @@
     },
     "python3": {
       "baseline": "3.10.0",
-      "port-version": 2
+      "port-version": 3
     },
     "qca": {
       "baseline": "2.3.1",
diff --git a/versions/p-/python3.json b/versions/p-/python3.json
index c90ee6f467c378..a382816966c2af 100644
--- a/versions/p-/python3.json
+++ b/versions/p-/python3.json
@@ -1,5 +1,10 @@
 {
   "versions": [
+    {
+      "git-tree": "f2b8029e8ffdc1cbbff8a40346ef5fa82c811616",
+      "version-semver": "3.10.0",
+      "port-version": 3
+    },
     {
       "git-tree": "c8c0f995b8f1831fc7f345329c2ce0a80d717551",
       "version-semver": "3.10.0",