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Sainz was deemed 'wholly to blame' for the first corner collision with Aston Martin's Fernando Alonso, who ended up third, at the final re-start of the triple red-flagged race.
Red Bull have now claimed all three Grand Prix wins in the new season, a record for the team, resuming their dominance after their runaway success in 2022.
The Mexican won from pole position for Red Bull on Sunday.
After a thrilling 2-2 at the end of extra time, ATK MB prevailed 4-3 in penalty shootout.
In a thrilling second leg of the semifinal, Bengaluru won 9-8 in shootout after the match was tied 2-2 on aggregate.
Spanish striker Sergio Mendigutxia's 49-minute penalty helped them edge Sreenidi Deccan.
Gokulam scored a 4-1 win in the I-League in New Delhi.
Red Bull made a one-two while Fernando Alonso also finished on the podium.
The defending champions lost 0-1 while TRAU climbed to fourth with the win.
Gokulam remain in third spot with 33 points from 19 games.