To what extent could Run Lola Run be classed as a formalist film?

Personally I would class the film 'Run Lola Run' is a formalist film.
The film has a clever narrative which is twisted to give the audience entertainment and a hint of frustration because it is repeated three times. There is a change from live action film to animation that occurs three times; this backs up the formalist side to the film. There is also a lot of bright red throughout, along with other bright colours that seem out of place in the mostly dull coloured film.
However, despite the obvious formalism throughout the film, there are many realistic events and situations. Manni is to in some dodgy business with an organised criminal group. He's in a sticky situation involved with money and is thinking about robbing a supermarket to make up for it.
Lola is determined to help him, whatever it takes; I see this as a realistic aspect to the film because it shows how much she cares about her boyfriend.