Drill tripped the power then went pop

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Was using the drill below to drill into brick, after around 10 holes it started to cut in and out. Then it tripped the electrics and when I flicked the trip back on the drill made a loud pop/bang and smelt funny. I've not plugged it in again since...

Just wondering if its possible/worthwhile getting it fixed and what the likely issue is?

2eb2f26e-4f74-4fa3-aa08-5d2f7c65a826_zpsl8lt2bs6.jpg
 
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A burnt out armature I would think, and it's most unlikely that an economical repair would be possible.
John :)
 
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