Sergio Pérez’s accident at the Monaco Grand Prix is ​​an expensive affair for Red Bull

Shortly after the 2024 Formula 1 Monaco Grand Prix started on Sunday, it was abandoned. The reason? A massive three-car crash involving Haas drivers Kevin Magnussen and Nico Hülkenberg, as well as Red Bull’s Sergio Pérez. The collision eliminated all three drivers from the race and damaged a barrier, causing a long delay and ending any chance of these three drivers scoring points.

You can see the crash here:

And according to Dr. Helmut Marko, Red Bull’s senior advisor, the collision resulted in costly repairs for the team.

Speak with Sky Sports GermanyMarko complained about the extent of the damage and the decision of the race management not to investigate the accident.

“Am I surprised that Magnussen did not receive a penalty? Actually, I am surprised how quickly the race management was able to put the incident behind them,” he said Sky Sports Germany.

“But first of all, it was very dangerous. And secondly, the damage to the RB20 is between two and three million. That is a big handicap for us with the budget cap.”

That last point could be significant this season. For the first time in what feels like a long time, Red Bull faces a real challenge. With Charles Leclerc’s victory in Monaco – and a third place for Carlos Sainz Jr. – Ferrari secured 40 points in the constructors’ championship in Monte Carlo.

Max Verstappen’s sixth place, meanwhile, only added eight points to Red Bull’s points tally.

This means Ferrari are now just 24 points behind Red Bull in the Constructors’ Championship, meaning a real title fight is possible. Add to that the progress Ferrari and McLaren have made in recent weeks and it’s clear that every dollar Red Bull has available for in-season development under the cost cap could be crucial.

And how expensive the damage to Pérez’ RB20 could be in several ways.