This document summarizes a study that modeled, simulated, and optimized the design of a steering knuckle component for a race car. Five initial CAD models of the steering knuckle were created and analyzed using finite element analysis to determine stresses, displacements, and weights. The best design was then optimized using shape optimization software to reduce weight while maintaining strength. The optimized design achieved a 45.8% reduction in mass while still meeting strength requirements.