diff --git a/CHANGELOG.next.asciidoc b/CHANGELOG.next.asciidoc
index 8234289871a3..ce8322292aa4 100644
--- a/CHANGELOG.next.asciidoc
+++ b/CHANGELOG.next.asciidoc
@@ -21,6 +21,7 @@ https://github.com/elastic/beats/compare/v8.8.1\...main[Check the HEAD diff]
 - Fix templates and docs to use correct `--` version of command line arguments. {issue}42038[42038] {pull}42060[42060]
 - removed support for a single `-` to precede multi-letter command line arguments.  Use `--` instead. {issue}42117[42117] {pull}42209[42209]
 - Removed encryption from diskqueue V2 for fips compliance {issue}4534[4534]{pull}42848[42848]
+- Fix race conditions in the global ratelimit processor that could drop events or apply rate limiting incorrectly.
 
 *Auditbeat*
 
diff --git a/changelog/fragments/1740762770-fix-race-conditions-in-rate-limit-processor.yaml b/changelog/fragments/1740762770-fix-race-conditions-in-rate-limit-processor.yaml
deleted file mode 100644
index 57a68f72ce58..000000000000
--- a/changelog/fragments/1740762770-fix-race-conditions-in-rate-limit-processor.yaml
+++ /dev/null
@@ -1,32 +0,0 @@
-# Kind can be one of:
-# - breaking-change: a change to previously-documented behavior
-# - deprecation: functionality that is being removed in a later release
-# - bug-fix: fixes a problem in a previous version
-# - enhancement: extends functionality but does not break or fix existing behavior
-# - feature: new functionality
-# - known-issue: problems that we are aware of in a given version
-# - security: impacts on the security of a product or a user’s deployment.
-# - upgrade: important information for someone upgrading from a prior version
-# - other: does not fit into any of the other categories
-kind: bug-fix
-
-# Change summary; a 80ish characters long description of the change.
-summary: fix race conditions in ratelimit processor that could cause misbehavior
-
-# Long description; in case the summary is not enough to describe the change
-# this field accommodate a description without length limits.
-# NOTE: This field will be rendered only for breaking-change and known-issue kinds at the moment.
-description: This could cause events to be dropped or not rate-limited as expected when using a global processor and multiple inputs.
-
-# Affected component; usually one of "elastic-agent", "fleet-server", "filebeat", "metricbeat", "auditbeat", "all", etc.
-component: filebeat
-
-# PR URL; optional; the PR number that added the changeset.
-# If not present is automatically filled by the tooling finding the PR where this changelog fragment has been added.
-# NOTE: the tooling supports backports, so it's able to fill the original PR number instead of the backport PR number.
-# Please provide it if you are adding a fragment for a different PR.
-pr: https://github.com/elastic/beats/42966
-
-# Issue URL; optional; the GitHub issue related to this changeset (either closes or is part of).
-# If not present is automatically filled by the tooling with the issue linked to the PR number.
-#issue: https://github.com/owner/repo/1234