And so Ive verified, somewhat, that it in GT5, there is a downforce vs. drag change. I took my ZR1 RM, set the gearing to maximum, set the downforce to maximum (35 and 60, front and rear, respectively), and went flat out on SS7. Consistently, throughout the lap, hit a terminal speed of 372 km/h. I then exited and changed the downforce to minimum (15 and 30, front and rear, respectively) and attained a terminal speed of 382 km/h consistently throughout the lap. I then switched back to maximum downforce and consistently attained the same terminal speed as the first trial. This would make a 52.6% decrease in downforce equating to a 2.7% increase in terminal speed, at least for this car. The ratio could vary with different cars.
I did a quick Google search with confirmed that in GT4 this was not the case, as increased downforce would not affect the drag and overall top speed because of drag.
This wouldn't work. There would be more variables here, such as my cornering consistency, mistakes, etc. not to mention Im testing terminal speed and not lap times (I also dont have a Formula GT car). Id like to see more people replicate my exact experiment to determine ratios and see if there is any consistency. If anyone has a ZR1 race car with all modifications, please try this. Please post your max. power, max torque, and weight figures as they can vary with car mileage, oil change, etc.