After the preview release deadline has passed, it is NOT possible to refresh a sandbox in Production and have it receive the new release upgrade. Due to strict technical limitations, no exceptions can be made to this rule.
Preview process:
Notes:
Check Salesforce Sandbox Preview Guide to identify if the current instance of the sandbox will be in preview or non-preview for the upcoming release.
Notes:
After the deadline has passed, in order to be in Preview, clone an existing sandbox that is already in Preview.
To clone a sandbox, see documentation: Clone a Sandbox
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