Part 1 of this paper summarizes the application of the IPG CarMaker 11.0 software for lap-time simulation and optimization. The goal is to use the IPG CarMaker on a given track for the optimization of the aerodynamics package parameters and the drag reduction system (DRS). The optimal aerodynamic downforce coefficient is determined for a given vehicle. The simulations clearly suggest that the application of the DRS pays off for a Formula Student car, if the DRS activation and deactivation times are chosen carefully. As IPG CarMaker seems to be a powerful tool, the Arrabona Racing Team decided to extend its application.