Yes, you do usually right it as Ed mentioned previously. A good safety drill is to pick a hot day and deliberately tip it over near shore to see which recovery methods work best for you. The usual options are to: sail it to shore full of water, take everything down to paddle it back, bail it out, or some combination of these three. Another safety option is to get some of the big float bags like the play boaters use in white water and strap them inside for extra floatation until you are more comfortable sailing. The attached images below from the 1933 Old Town catalog confirms that you can sail it home with sponsons.
Benson