diff --git a/Formula/pypy.rb b/Formula/pypy.rb
index 09cedf0cbe..be63460481 100644
--- a/Formula/pypy.rb
+++ b/Formula/pypy.rb
@@ -1,8 +1,8 @@
 class Pypy < Formula
   desc "Highly performant implementation of Python 2 in Python"
   homepage "http://pypy.org/"
-  url "https://bitbucket.org/pypy/pypy/downloads/pypy-5.1.0-src.tar.bz2"
-  sha256 "16bab9501e942c0704abbf9cd6c4e950c6a76dc226cf1e447ea084916aef4714"
+  url "https://bitbucket.org/pypy/pypy/downloads/pypy-5.1.1-src.tar.bz2"
+  sha256 "99aff0c710c46903b821c7c436f9cb9de16bd7370d923f99cc7c28a66be6c5b2"
 
   bottle do
     cellar :any