diff --git a/sys-utils/losetup.8 b/sys-utils/losetup.8
index c3ff5fe06..3d03e513f 100644
--- a/sys-utils/losetup.8
+++ b/sys-utils/losetup.8
@@ -68,6 +68,13 @@ It's possible to create more independent loop devices for the same backing
 file.
 .B This setup may be dangerous, can cause data loss, corruption and overwrites.
 Use \fB\-\-nooverlap\fR with \fB\-\-find\fR during setup to avoid this problem.
+.sp
+The loop device setup is not an atomic operation when used with \fB\-\-find\fP, and
+.B losetup
+does not protect this operation by any lock.  The number of attempts is
+internally restricted to a maximum of 16.  It is recommended to use for example
+.BR flock (1)
+to avoid a collision in heavily parallel use cases.
 
 .SH OPTIONS
 The \fIsize\fR and \fIoffset\fR
@@ -177,6 +184,11 @@ returns 0 on success, nonzero on failure.  When
 displays the status of a loop device, it returns 1 if the device
 is not configured and 2 if an error occurred which prevented
 determining the status of the device.
+.SH NOTES
+Since version 2.37
+.B losetup
+uses LOOP_CONFIGURE ioctl to setup a new loop device by one ioctl call.  The
+old versions use LOOP_SET_FD and LOOP_SET_STATUS64 ioctls to do the same.
 
 .SH ENVIRONMENT
 .IP LOOPDEV_DEBUG=all
diff --git a/sys-utils/losetup.c b/sys-utils/losetup.c
index cc4d206b7..51baf1440 100644
--- a/sys-utils/losetup.c
+++ b/sys-utils/losetup.c
@@ -476,7 +476,7 @@ static int create_loop(struct loopdev_cxt *lc,
 		       uint64_t blocksize)
 {
 	int hasdev = loopcxt_has_device(lc);
-	int rc = 0;
+	int rc = 0, ntries = 0;
 
 	/* losetup --find --noverlap file.img */
 	if (!hasdev && nooverlap) {
@@ -572,8 +572,12 @@ static int create_loop(struct loopdev_cxt *lc,
 		rc = loopcxt_setup_device(lc);
 		if (rc == 0)
 			break;			/* success */
-		if (errno == EBUSY && !hasdev)
+
+		if (errno == EBUSY && !hasdev && ntries < 16) {
+			xusleep(200000);
+			ntries++;
 			continue;
+		}
 
 		/* errors */
 		errpre = hasdev && loopcxt_get_fd(lc) < 0 ?