Oh no! It is like a qualifying run in F-1. Every pilot makes his excercise, or qualifying "lap", and the winner is the fastest. If you make some mistakes, or dangerous movements to gain speed, then you got some extra time penalty.
For example on the 1st Hungarian event, there was a touch-down point on the track after a turn, and one of the pilots touched down too fast and left the track a bit. The judges felt it was a dangerous manouver (also against the spectators) and he got some penalty seconds for the total time.