Go here with your VIN and download all your manuals: Official Mopar Site | Owner's Manual
Make sure you get the Drive Modes Manual.
Sport Mode turns off Traction Control. Track Mode turns off both Traction Control & Stability Control. You'll see the status of these controls on your cluster.
Street (Auto) is all Street, Sport is all Sport & Track is all Track... these are the Defaults. You can set up Custom to whatever you want. The car always starts in Auto/Default Mode; pressing the SRT Button on the Center Dash twice is 10-seconds triggers Custom Mode & Custom Mode remains until you either change it or you turn off the engine. You can also adjust all the modes while driving... carefully so as not to have an accident from distracted driving, but the any changes are instantaneous... you can feel the change.
Attached is Center Screen Setup. I especially like to set the Transmission Mode to show the gear number when in Automatic. It's called "Current Gear."
Don't worry about Launch Control; learn to use both feet. Left foot brake and right gas; bring RPM up to 1,000 and let go of the brake pedal and accelerate slowly. Keep adjusting RPMs up until the tires break loose and reduce RPMs a little. The real skill of driving this car is learning to accelerate at a rate that keeps the rear tires hooked up; you slip you lose!
Doing burnouts is idiotic.
Learn how to use the Paddles (up & down) in conjunction with the Shifter.