Abstract: In a method for producing a ring-shaped formed part, by means of a forming device first of all a ring of smaller cross-sectional dimensions than the formed part being produced is formed from a blank in various forming stages. The ring is then expanded to the cross-sectional dimensions of the formed part being produced. The expansion of the ring is effected in an expansion stage of the forming device by means of a die and an expansion punch, where the ring is arranged in the die and the expansion punch is pressed into the ring in the axial direction and thereby expands the ring. The expansion of the ring is effected in two or more steps. In that way, excessive material stresses and any resulting material damage can be avoided.