diff --git a/ansible/roles/prometheus/defaults/main.yml b/ansible/roles/prometheus/defaults/main.yml
index d1ad085299a4f578ae3cefc7e7537572d1446f5e..ec0c127975a7e0abbc4e7676d932c8a175513d24 100644
--- a/ansible/roles/prometheus/defaults/main.yml
+++ b/ansible/roles/prometheus/defaults/main.yml
@@ -113,21 +113,13 @@ prometheus_mysql_exporter_database_user: "{% if use_preconfigured_databases | bo
 # For a list of modules see the alertmanager config.
 prometheus_blackbox_exporter_endpoints: []
 
-####################
-# Compatibility
-####################
-
-# Whether to keep using Prometheus server v1 (due to no data-preserving migration path to v2)
-# NOTE(piotrp): Deprecated in Wallaby and will be removed in Xena
-prometheus_use_v1: no
-
 ####################
 # Docker
 ####################
 prometheus_install_type: "{{ kolla_install_type }}"
 prometheus_tag: "{{ openstack_tag }}"
 
-prometheus_server_image: "{{ docker_registry ~ '/' if docker_registry else '' }}{{ docker_namespace }}/{{ kolla_base_distro }}-{{ prometheus_install_type }}-{% if not prometheus_use_v1 | bool %}prometheus-v2-server{% else %}prometheus-server{% endif %}"
+prometheus_server_image: "{{ docker_registry ~ '/' if docker_registry else '' }}{{ docker_namespace }}/{{ kolla_base_distro }}-{{ prometheus_install_type }}-prometheus-v2-server"
 prometheus_server_tag: "{{ prometheus_tag }}"
 prometheus_server_image_full: "{{ prometheus_server_image }}:{{ prometheus_server_tag }}"
 
@@ -183,7 +175,7 @@ prometheus_server_default_volumes:
   - "{{ node_config_directory }}/prometheus-server/:{{ container_config_directory }}/:ro"
   - "/etc/localtime:/etc/localtime:ro"
   - "{{ '/etc/timezone:/etc/timezone:ro' if ansible_facts.os_family == 'Debian' else '' }}"
-  - "{{ 'prometheus_v2' if not prometheus_use_v1 | bool else 'prometheus' }}:/var/lib/prometheus"
+  - "prometheus_v2:/var/lib/prometheus"
   - "kolla_logs:/var/log/kolla/"
 prometheus_haproxy_exporter_default_volumes:
   - "{{ node_config_directory }}/prometheus-haproxy-exporter/:{{ container_config_directory }}/:ro"
diff --git a/ansible/roles/prometheus/templates/prometheus-server.json.j2 b/ansible/roles/prometheus/templates/prometheus-server.json.j2
index 3391f70e86e2957abe25b38139cf56e28e9298bd..d57469ff2cfddba8c66c799ebe710808bc5d5601 100644
--- a/ansible/roles/prometheus/templates/prometheus-server.json.j2
+++ b/ansible/roles/prometheus/templates/prometheus-server.json.j2
@@ -1,9 +1,5 @@
 {
-{% if not prometheus_use_v1 | bool %}
     "command": "/opt/prometheus/prometheus --config.file /etc/prometheus/prometheus.yml --web.listen-address {{ api_interface_address | put_address_in_context('url') }}:{{ prometheus_port }} --web.external-url={{ internal_protocol }}://{{ kolla_internal_fqdn | put_address_in_context('url') }}:{{ prometheus_port }} --storage.tsdb.path /var/lib/prometheus{% if prometheus_cmdline_extras %} {{ prometheus_cmdline_extras }}{% endif %}",
-{% else %}
-    "command": "/opt/prometheus/prometheus -config.file /etc/prometheus/prometheus.yml -web.listen-address {{ api_interface_address | put_address_in_context('url') }}:{{ prometheus_port }} -web.external-url={{ internal_protocol }}://{{ kolla_internal_fqdn | put_address_in_context('url') }}:{{ prometheus_port }} -log.format logger:stdout -storage.local.path /var/lib/prometheus{% if prometheus_cmdline_extras %} {{ prometheus_cmdline_extras }}{% endif %}",
-{% endif %}
     "config_files": [
         {
             "source": "{{ container_config_directory }}/prometheus.yml",
diff --git a/doc/source/reference/logging-and-monitoring/prometheus-guide.rst b/doc/source/reference/logging-and-monitoring/prometheus-guide.rst
index e38701e8b3795b28bc5d204688a697e0c7c2ea12..aa15b52014cd353a5be20d44af1617b218b3da20 100644
--- a/doc/source/reference/logging-and-monitoring/prometheus-guide.rst
+++ b/doc/source/reference/logging-and-monitoring/prometheus-guide.rst
@@ -20,25 +20,11 @@ and change the following:
 
    enable_prometheus: "yes"
 
-This will, by default, deploy Prometheus version 2.x. Since Prometheus 1.x data
-is not compatible with Prometheus 2.x and no automatic data migration is
-provided, any previous Prometheus 1.x deployment will be replaced and all its
-stored metrics will become inacessible (but still available in the old data
-volume: ``prometheus``; the new data volume defaults to ``prometheus_v2``).
-If you rely on Prometheus only as e.g. a source of alert notifications (in pair
-with Alertmanager), it might not be worth migrating old metrics and they could
-be discarded. Otherwise, it's either possible to use
-`remote storage <https://prometheus.io/docs/prometheus/latest/storage/#remote-storage-integrations>`_
-or scrape Kolla's Prometheus ``/federate`` endpoint with an external system.
-However, if you want to stay on 1.x series, set the following variable:
-
-.. code-block:: yaml
-
-   prometheus_use_v1: yes
-
-.. warning::
-   Support for Prometheus 1.x is deprecated and will be removed in next
-   Kolla Ansible release (Xena).
+Note: This will deploy Prometheus version 2.x. Any potentially existing
+Prometheus 1.x instances deployed by previous Kolla Ansible releases will
+conflict with current version and should be manually stopped and/or removed.
+If you would like to stay with version 1.x, set the ``enable_prometheus``
+variable to ``no``.
 
 In order to remove leftover volume containing Prometheus 1.x data, execute:
 
diff --git a/etc/kolla/globals.yml b/etc/kolla/globals.yml
index 158643bd58f24b17af7a26b90c779b63c634bfb0..688a1b51e4e7e1a37d777069ee0aafacdf257b82 100644
--- a/etc/kolla/globals.yml
+++ b/etc/kolla/globals.yml
@@ -710,9 +710,6 @@
 #  - host1:port1
 #  - host2:port2
 
-# Whether to keep using Prometheus server v1 (due to no data-preserving migration path to v2)
-#prometheus_use_v1: no
-
 #########
 # Freezer
 #########
diff --git a/releasenotes/notes/remove-prometheus-v1-8fa9c74c3dda568e.yaml b/releasenotes/notes/remove-prometheus-v1-8fa9c74c3dda568e.yaml
new file mode 100644
index 0000000000000000000000000000000000000000..9b04dba85f535267f4d959b8b7f31b2f478c055f
--- /dev/null
+++ b/releasenotes/notes/remove-prometheus-v1-8fa9c74c3dda568e.yaml
@@ -0,0 +1,7 @@
+---
+upgrade:
+  - |
+    Removes support for Prometheus v1 deployment. Any previously deployed
+    Prometheus v1 instances will create a conflict during an upgrade thus
+    should be either manually stopped/removed or Prometheus v2 deployment
+    should be disabled by setting ``enable_prometheus`` to ``no``.