Top trim models sometimes included spinner wheel covers as standard equipment to appeal to youthful customers. In the late 1960s, U.S. Federal safety standards banned the use of protruding bar spinners on automobiles.
Attempting to produce wheelspin may also result in a burnt-out clutch if the tyres have more grip than expected - your clutch will slip and burn instead. If your wheels are spinning, then don't worry. From the engine and transmission's perspective there's no difference between the wheels spinning or turning normally.