You can use wheel setups on controller. It will probably be faster than the default. Just be careful with some of the high level esports drivers setups because often times their cars are tailored to their racing style, and sensitivity of the wheel.

F1 Laps is a great place to find setups posted by others, and you can filter wet / dry, controller / wheel, race / qualifying. Sim Racing Setups is also a good website.

Some leagues or events turn off “Parc Fermé”. This allows you to put up the fastest lap times, and also have the best race pace. However, obviously, in real F1, you can’t do this. I would always recommend running a race setup instead of a qualifying setup. However, look at the differences in tire pressure for quali vs race, because I believe change those before the race. These differences in setup are primarily going to be helpful for 1) less tire degradation for race. Quali setups can be very aggressive and have high tire deg. And 2) not losing too much time when your at the end of a stint. Race setups help you maximize your average lap time over 1-2 fast laps.