Press the traction button once and you turn off traction control, press twice and you enter 'Competition' mode. Press and hold the button for...seven seconds if I recall, to turn off traction control and stability control.
Competition mode turns off traction control and changes how stabilitrack functions if I remember right. Should all be in the owner's manual, which is outside in the car, and I am watching the stove while I make dinner.
Driving and working on a Sly 2008 Solstice GXP 5spd 260/260, and the worst-built 2012 LS3 Camaro 1SS to escape from Oshawa.
Gone but not forgotten:
2007 Solstice GXP 5 speed 290/340
Stored and needing to part ways with a 1970 Skylark Custom convertible I have owned since 1989 and turned into a GS455 clone. 462 with 7/8 primary headers, adjustable roller rockers, TA Performance Stage 1 aluminum heads, auto, Chevy 12 bolt, 3.31:1. Sadly a project car now but a driver from '89 to '06.