If you hit Ctl+N when Cake first boots you'll get the Basic template which should give you 1-Audio & 1-MIDI track. Are you seeing this when you click on the "New Project" tab (also what you'll get when you click File-New)? Choosing "Empty Project" will indeed be an empty layout without tracks. BTW, this screen will vary depending on whether you have added your own templates which are found by default here - C:\Cakewalk Content\Cakewalk Core\Project Templates