 They finished the season 8th, ahead of McLaren and Marussia.On 23 July 2015, Sauber confirmed that Ericsson and Nasr would be retained for .On 20 July 2016 it was announced that Swiss based investment firm Longbow Finance had bought both Peter Sauber and Monisha Kaltenborn's shares in the company, which made Longbow Finance the sole owner of Sauber.