With the rapid development of FSAE, the speed of racing cars has increased year by year. As the main research content of racing cars, aerodynamics has received extensive attention from foreign teams. For racing cars, the aerodynamic force on the aerodynamic device ultimately acts on the tires through the transmission of the body and the suspension. When the wheel is subjected to the vertical load generated by the aerodynamic device, the ultimate adhesion capacity of the wheel is improved. Under changing conditions, racing wheels can withstand greater lateral and tangential forces. Therefore, the effects of aerodynamics have a more significant impact on handling stability. The FSAE racing car of Jilin University was taken as the research object, and this paper combines the wind tunnel test, the numerical simulation and the dynamics simulation of the racing system. The closed-loop design process of the aerodynamics of the FSAE racing car was established, and the joint study of aerodynamic characteristics and handling stability of racing car under different body attitudes was realized. Meanwhile, the FSAE car was made the modification of aerodynamic parameter on the basis of handling stability. The results show that, after the modification of the aerodynamic parameters, the critical speed of the car when cornering is increased, the maneuverability of the car is improved, the horoscope test time is reduced by 0.525 s, the downforce of the car is increased by 11.39%, the drag is reduced by 2.85% and the lift-to-drag ratio is increased by 14.70%. Moreover, the pitching moment is reduced by 82.34%, and the aerodynamic characteristics and aerodynamic efficiency of the racing car are obviously improved. On the basis of not changing the shape of the body and the aerodynamic kit, the car is put forward to shorten the running time of the car and improve the comprehensive performance of the car, so as to improve the performance of the car in the race.