As suggested above, the wing is where it is to try to get clean air. Look at how the exhaust pulsations impact it. And look at how tall the tyres are (and distorted! If you want a science project, explain that shape!) .
The rear wing downforce moment does not give a wheelie problem.
Early in the run when the wheelie moment is highest the wing forces are low and the main rear downforce comes from the exhaust, whilst the long wheelbase and ballast hold the nose down.
Later in the run the wheelie moment is a little lower and the rear wing moment will rise but the front wing can excert a huge counter-moment because it is ~6x as far from the pivot point as the rear wing (300" wb).
The wheelie+rearwing moment and front wing counter-lever cause a massive bending load in the chassis which is why the car "arches its back" at the top end.
There is a good reason for "spec aero" in TF. Safety.
The (spec) tyre is only rated to about 340 mph at current downforce levels. Any increase in downforce or top speed would require a massive (i.e. Unaffordable) tyre development programme.
These cars effectively run top speed limiters through ignition retard devices. This season the closed-bodied cars started pushing over 335mph and the regulators bought in a mid-season change to the retarder spec.