The high-power engine exhaust elbow has a complex construction, which makes it susceptible to casting flaws that could negatively impact its functionality. Therefore, the investment casting scheme was established and optimized in this study in order to cast structurally complete exhaust elbows for high-horsepower engines. ProCAST software was used to simulate and optimize the casting and solidification processes. The optimal process parameters were determined as follows: pouring temperature of 1650 °C, pouring speed of 1.5 kg/s, and shell preheating temperature of 1050 °C. The optimization of the primary parameters of the casting process, along with the results of dimensional accuracy analysis, shape and positional deviation, and defect detection, were validated through testing. The results indicated that the optimized castings had no casting defects and complied with the design specifications.