well, not quite correct for every car, although most 4wd cars can only do a launch once or twice then the systems won't do it again. but not the current generation Porsche 911's.
my 2016 Porsche Carrera S with PDK and Sports Chrono can do launches all day long. the dual clutch design in the PDK is made for this type of use.
you can watch the video below showing a 2014 911 Turbo S doing over 50 full tilt boogie launches most of which were around 2.6 seconds 0-60.
http://www.roadandtrack.com/new-cars/reviews/a6921/2014-porsche-911-turbo-s-65-7-roa0314/
which is not to say that they would win 1/4 mile races with modified cars. but real world they set the mark for 0-60 and still can succeed on a road course too. straight line performance is only one viewpoint to consider.