Welcome at RacingNews365

Become part of the largest racing community in the United Kingdom. Create your free account now!

  • Share your thoughts and opinions about F1
  • Win fantastic prizes
  • Get access to our premium content
  • Take advantage of more exclusive benefits
Sign in
Red Bull Racing

Red Bull reveals enormous cost of Perez's Monaco accident

Helmut Marko has revealed the multi-million dollar cost of Sergio Perez's Monaco Grand Prix crash.

Sergio Perez's Monaco Grand Prix crash and destroyed Red Bull will cost the team up to three-million dollars, reckons Dr Helmut Marko. 

Perez started 16th after being eliminated in Q1, being promoted from 18th after Haas pair Kevin Magnussen and Nico Hulkenberg were disqualified for a rear-wing technical breach. 

On the climb up the hill on Lap 1, Magnussen attempted to move alongside Perez, but hooked the Mexican into the barrier at high-speed, ripping the suspension from its mounting points and destroying the car. 

A lengthy red flag followed for barrier repairs, with Perez tearing into Magnussen's approach as the stewards declined to investigate the issue further, as Marko claimed a multi-million price-tag was awaiting Red Bull.

"This is costing us about two to three million and with the budget cap that is of course a big handicap,” he told Sky Germany.

"It was another crash that Magnussen was involved in. Thank God it ended well, but it was a critical situation. I was surprised, though, how quickly the stewards dealt with the matter.

"These are decisions you can hardly influence, but it was just dangerous."

Also interesting:

Is Ocon's future now in danger after the incident in Monaco? And has the track become too outdated for F1? In the latest episode of the RacingNews365.com podcast, Ian Parkes, Samuel Coop and Nick Golding look back at last weekend's Monaco Grand Prix. Tune in below!

Rather watch than listen to the podcast? Click here.

Join the conversation!

RESULTS 2024 F1 Spanish Grand Prix - Qualifying