"Tire spin" refers to when the wheels of a vehicle turn too fast and lose traction with the road, usually resulting in the vehicle not moving forward or moving uncontrollably. Full definition
The front tires spin going around a corner, and you get a lot of dive and lift on braking and acceleration. (autoweek.com)
Both modes will come equipped with a seven - speed automatic transmission, and a standard limited slip differential, to help reduce tire spin. (mercedeshoffman.com)
If you want tire spinning aggressive starts then the off setting would be ideal, but it's best to leave it in sport on a track with corners. (topspeed.com)