diff --git a/src/town_cmd.cpp b/src/town_cmd.cpp
--- a/src/town_cmd.cpp
+++ b/src/town_cmd.cpp
@@ -2286,7 +2286,6 @@ CommandCost CmdRenameTown(TileIndex tile
 		t->UpdateVirtCoord();
 		InvalidateWindowData(WC_TOWN_DIRECTORY, 0, 1);
 		UpdateAllStationVirtCoords();
-		UpdateAllWaypointVirtCoords();
 	}
 	return CommandCost();
 }