No, the two words are about completely different things.
From wiktionary: (music) A song or other relatively short piece of music, on a record, separated from others by a short silence
From the OED: a single recorded item (esp. of popular music), which on a long-playing record is a band bounded on both sides by an area of widely-spaced grooves
So a track is originally a reference to a part of some physical media which could be a song, instrumental, movement from a larger classical work, etc. Carrying that definition forward, it could probably be used for an audio file of any type. In any case the word does not have any connotations as to what might or might not be contained in a track.
A song, on the other hand (as mentioned in the other answers) is a particular style of musical piece. It could be recorded or live, and so it's definition is completely independent of the media in which it exists.