diff --git a/test/extended/olm/olmv1.go b/test/extended/olm/olmv1.go
index a2b39e3855c1..4d0e901fa77e 100644
--- a/test/extended/olm/olmv1.go
+++ b/test/extended/olm/olmv1.go
@@ -23,15 +23,13 @@ const (
 	typeIncompatibelOperatorsUpgradeable = "InstalledOLMOperatorsUpgradeable"
 )
 
-var _ = g.Describe("[sig-olmv1] OLMv1 CRDs", func() {
+var _ = g.Describe("[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 CRDs", func() {
 	defer g.GinkgoRecover()
 	oc := exutil.NewCLIWithoutNamespace("default")
 
 	g.It("should be installed", func(ctx g.SpecContext) {
 		// Check for tech preview, if this is not tech preview, bail
-		if !exutil.IsTechPreviewNoUpgrade(ctx, oc.AdminConfigClient()) {
-			g.Skip("Test only runs in tech-preview")
-		}
+		checkTestSkip(ctx, oc)
 
 		// supports multiple versions during transision
 		providedAPIs := []struct {
@@ -69,15 +67,13 @@ var _ = g.Describe("[sig-olmv1] OLMv1 CRDs", func() {
 	})
 })
 
-var _ = g.Describe("[sig-olmv1] OLMv1 Catalogs", func() {
+var _ = g.Describe("[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 Catalogs", func() {
 	defer g.GinkgoRecover()
 	oc := exutil.NewCLIWithoutNamespace("default")
 
 	g.It("should be installed", func(ctx g.SpecContext) {
 		// Check for tech preview, if this is not tech preview, bail
-		if !exutil.IsTechPreviewNoUpgrade(ctx, oc.AdminConfigClient()) {
-			g.Skip("Test only runs in tech-preview")
-		}
+		checkTestSkip(ctx, oc)
 
 		providedCatalogs := []string{
 			"openshift-certified-operators",
@@ -100,7 +96,7 @@ var _ = g.Describe("[sig-olmv1] OLMv1 Catalogs", func() {
 	})
 })
 
-var _ = g.Describe("[sig-olmv1][Serial] OLMv1 operator installation", func() {
+var _ = g.Describe("[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 operator installation", func() {
 	defer g.GinkgoRecover()
 
 	var (
@@ -128,9 +124,7 @@ var _ = g.Describe("[sig-olmv1][Serial] OLMv1 operator installation", func() {
 			version     = "3.13.0"
 		)
 		// Check for tech preview, if this is not tech preview, bail
-		if !exutil.IsTechPreviewNoUpgrade(ctx, oc.AdminConfigClient()) {
-			g.Skip("Test only runs in tech-preview")
-		}
+		checkTestSkip(ctx, oc)
 
 		ns := oc.Namespace()
 		g.By(fmt.Sprintf("Updating the namespace to: %q", ns))
@@ -249,3 +243,14 @@ func WaitForCondition(oc *exutil.CLI, status bool) (done bool, err error) {
 	}
 	return true, nil
 }
+
+func checkTestSkip(ctx context.Context, oc *exutil.CLI) {
+	// Hardcoded until openshift/api is updated:
+	// import (	configv1 "github.com/openshift/api/config/v1" )
+	// configv1.ClusterVersionCapabilityOperatorLifecycleManagerV1
+	cap, err := exutil.IsCapabilityEnabled(oc, "OperatorLifecycleManagerV1")
+	o.Expect(err).NotTo(o.HaveOccurred())
+	if !cap {
+		g.Skip("Test only runs with OLMv1 capability")
+	}
+}
diff --git a/test/extended/util/annotate/generated/zz_generated.annotations.go b/test/extended/util/annotate/generated/zz_generated.annotations.go
index 32423807ea65..8d11299e8b0e 100644
--- a/test/extended/util/annotate/generated/zz_generated.annotations.go
+++ b/test/extended/util/annotate/generated/zz_generated.annotations.go
@@ -1703,13 +1703,13 @@ var Annotations = map[string]string{
 
 	"[sig-node][apigroup:config.openshift.io] CPU Partitioning node validation should have correct cpuset and cpushare set in crio containers": " [Suite:openshift/conformance/parallel]",
 
-	"[sig-olmv1] OLMv1 CRDs should be installed": " [Suite:openshift/conformance/parallel]",
+	"[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 CRDs should be installed": " [Suite:openshift/conformance/parallel]",
 
-	"[sig-olmv1] OLMv1 Catalogs should be installed": " [Suite:openshift/conformance/parallel]",
+	"[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 Catalogs should be installed": " [Suite:openshift/conformance/parallel]",
 
-	"[sig-olmv1][Serial] OLMv1 operator installation should block cluster upgrades if an incompatible operator is installed": " [Suite:openshift/conformance/serial]",
+	"[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 operator installation should block cluster upgrades if an incompatible operator is installed": " [Suite:openshift/conformance/parallel]",
 
-	"[sig-olmv1][Serial] OLMv1 operator installation should install a cluster extension": " [Suite:openshift/conformance/serial]",
+	"[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 operator installation should install a cluster extension": " [Suite:openshift/conformance/parallel]",
 
 	"[sig-operator] OLM should Implement packages API server and list packagemanifest info with namespace not NULL [apigroup:packages.operators.coreos.com]": " [Skipped:NoOptionalCapabilities] [Suite:openshift/conformance/parallel]",
 
diff --git a/zz_generated.manifests/test-reporting.yaml b/zz_generated.manifests/test-reporting.yaml
index a0becec6225c..7644e8ea1a3a 100644
--- a/zz_generated.manifests/test-reporting.yaml
+++ b/zz_generated.manifests/test-reporting.yaml
@@ -244,6 +244,14 @@ spec:
     - testName: '[sig-network][OCPFeatureGate:NetworkSegmentation][Feature:UserDefinedPrimaryNetworks]
         when using openshift ovn-kubernetes when primary network exist, UserDefinedNetwork
         status should report not-ready'
+  - featureGate: NewOLM
+    tests:
+    - testName: '[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 CRDs should be installed'
+    - testName: '[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 Catalogs should be installed'
+    - testName: '[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 operator installation should
+        block cluster upgrades if an incompatible operator is installed'
+    - testName: '[sig-olmv1][OCPFeatureGate:NewOLM] OLMv1 operator installation should
+        install a cluster extension'
   - featureGate: PersistentIPsForVirtualization
     tests:
     - testName: '[sig-network][OCPFeatureGate:PersistentIPsForVirtualization][Feature:Layer2LiveMigration]