In this paper, determination of optimized regenerative braking-torque function and application in energy efficient driving strategies is presented. The study investigates a lightweight electric vehicle developed for the Shell Eco-Marathon. The measurement-based simulation model was implemented in the MATLAB/Simulink environment and used to establish the optimization. The optimization of braking-torque function was performed to maximize the recuperated energy. The determined braking-torque function was applied in a driving strategy optimization framework. The extended driving strategy optimization model is suitable for energy consumption minimization in a designated track. The driving strategy optimization was created for the TT Circuit Assen, where the 2022 Shell Eco-Marathon competition was hosted. The extended optimization resulted in a 2.97% improvement in energy consumption when compared to the result previously achieved, which shows the feasibility of the proposed methodology and optimization model.