Ferrari says a post-qualifying inspection of poleman Charles Leclerc's gearbox has not revealed "any serious damage", but the team will make a final call on the component's potential replacement on Sunday morning.
Leclerc had topped the time sheet on his first run in Saturday's Q3, but the Monegasque crashed into the barrier at the Swimming Pool on his final qualifying run.
With under a minute to spare in the session, the incident brought out the red flag and triggered the end of the proceedings, much to the disappointment of Leclerc's teammate Carlos, Mercedes' Valtteri Bottas and Red Bull's Max Verstappen who all claimed that pole was within their grasp.
Leclerc's Ferrari was hauled back to the team's garage where a damage assessment was undertaken.
"An initial inspection of the gearbox in Charles Leclerc's car has not revealed any serious damage," the Scuderia said in a statement released on Saturday evening.
"Further checks will be carried out tomorrow, to decide if the same gearbox can be used in the race."
Before Ferrari had concluded its inspection, team boss Mattia Binotto said the Scuderia would not take any chances with the component and risk its reliability in Sunday's race.
"No, we will not gamble," Binotto said. "I think for us what's important after such a qualy is to try to maximise the number of points for the championship, and obviously to maximise we need to finish the race.
"So reliability is key, reliability remains the priority. If we have any doubts, we will certainly change and fix it."
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
It was an eventful Friday in the Principality, with several session disruptions but at the…
McLaren arrived in Monaco expecting to be firmly in the mix. Instead, the opening day…
George Russell says that Ferrari’s strong pace on Friday’s opening day of running at the…
Alpine F1 boss Flavio Briatore has delivered a blunt assessment of why Mercedes boss Toto…
Ferrari further tightened its hold on the Monaco Grand Prix weekend by locking out the…
Full results from Free Practice 2 for the Monaco Grand Prix in Monte Carlo, round…