diff --git a/Makefile b/Makefile
index 83293593f..606f4bb50 100644
--- a/Makefile
+++ b/Makefile
@@ -259,6 +259,7 @@ ENVTEST ?= $(LOCALBIN)/setup-envtest
 ## Tool Versions
 KUSTOMIZE_VERSION ?= v4.5.7
 CONTROLLER_TOOLS_VERSION ?= v0.11.1
+SETUP_ENVTEST_VERSION ?= release-0.17
 
 KUSTOMIZE_INSTALL_SCRIPT ?= "https://raw.githubusercontent.com/kubernetes-sigs/kustomize/master/hack/install_kustomize.sh"
 .PHONY: kustomize
@@ -279,7 +280,7 @@ $(CONTROLLER_GEN): $(LOCALBIN)
 .PHONY: envtest
 envtest: $(ENVTEST) ## Download envtest-setup locally if necessary.
 $(ENVTEST): $(LOCALBIN)
-	test -s $(LOCALBIN)/setup-envtest || GOBIN=$(LOCALBIN) GOFLAGS='' go install sigs.k8s.io/controller-runtime/tools/setup-envtest@latest
+	test -s $(LOCALBIN)/setup-envtest || GOBIN=$(LOCALBIN) GOFLAGS='' go install sigs.k8s.io/controller-runtime/tools/setup-envtest@$(SETUP_ENVTEST_VERSION)
 
 .PHONY: bundle
 bundle: manifests kustomize ## Generate bundle manifests and metadata, then validate generated files.