diff --git a/Cargo.lock b/Cargo.lock
index 402247bd12c3..a2177bf180dd 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5994,7 +5994,7 @@ dependencies = [
 ]
 
 [[package]]
-name = "rococo-runtime"
+name = "rococo-v1-runtime"
 version = "0.8.19"
 dependencies = [
  "frame-executive",
diff --git a/Cargo.toml b/Cargo.toml
index a3f9b295bd68..d91a4aef8dd5 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -35,7 +35,7 @@ members = [
 	"runtime/parachains",
 	"runtime/polkadot",
 	"runtime/kusama",
-	"runtime/rococo",
+	"runtime/rococo-v1",
 	"runtime/westend",
 	"runtime/test-runtime",
 	"runtime/test-runtime/client",
diff --git a/runtime/rococo/Cargo.toml b/runtime/rococo-v1/Cargo.toml
similarity index 99%
rename from runtime/rococo/Cargo.toml
rename to runtime/rococo-v1/Cargo.toml
index be75f7a794e0..fbd7d617fa67 100644
--- a/runtime/rococo/Cargo.toml
+++ b/runtime/rococo-v1/Cargo.toml
@@ -1,5 +1,5 @@
 [package]
-name = "rococo-runtime"
+name = "rococo-v1-runtime"
 version = "0.8.19"
 authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2018"
diff --git a/runtime/rococo/build.rs b/runtime/rococo-v1/build.rs
similarity index 100%
rename from runtime/rococo/build.rs
rename to runtime/rococo-v1/build.rs
diff --git a/runtime/rococo/src/constants.rs b/runtime/rococo-v1/src/constants.rs
similarity index 100%
rename from runtime/rococo/src/constants.rs
rename to runtime/rococo-v1/src/constants.rs
diff --git a/runtime/rococo/src/lib.rs b/runtime/rococo-v1/src/lib.rs
similarity index 99%
rename from runtime/rococo/src/lib.rs
rename to runtime/rococo-v1/src/lib.rs
index af530354ddf6..1f268daea1d7 100644
--- a/runtime/rococo/src/lib.rs
+++ b/runtime/rococo-v1/src/lib.rs
@@ -14,7 +14,7 @@
 // You should have received a copy of the GNU General Public License
 // along with Polkadot.  If not, see <http://www.gnu.org/licenses/>.
 
-//! The Rococo runtime.
+//! The Rococo runtime for v1 parachains.
 
 #![cfg_attr(not(feature = "std"), no_std)]
 // `construct_runtime!` does a lot of recursion and requires us to increase the limit to 256.
@@ -382,8 +382,8 @@ impl Filter<Call> for BaseFilter {
 
 /// Runtime version (Rococo).
 pub const VERSION: RuntimeVersion = RuntimeVersion {
-	spec_name: create_runtime_str!("rococo"),
-	impl_name: create_runtime_str!("parity-rococo"),
+	spec_name: create_runtime_str!("rococo-v1"),
+	impl_name: create_runtime_str!("parity-rococo-v1"),
 	authoring_version: 0,
 	spec_version: 1,
 	impl_version: 0,