Red Bull reveals enormous cost of Perez's Monaco accident

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."