We heard rumors that Segway was sponsoring the MotoCzysz Isle of Man TT effort, but passed them off as too crazy to be true, as the rumors also suggested a three-bike team at the Isle, which we knew not to be true. Now we get official word that Segway is indeed sponsoring the Portland-based company, but not just at the Isle of Man TT, but throughout the 2011 racing season. We’re not sure which races that will be exactly for MotoCzysz, but you can count on an appearance at the FIM/TTXGP Laguna Seca round at the very least.

The press release goes on to say that “this combination results in a world class team of mechanical, electrical, and software engineers whose years of experience and knowledge will lead both companies to successes not only at the track but also with new vehicles in the marketplace,” which to us sounds like MotoCzysz has been busy hot-rodding a different kind of two-wheeled electric vehicle up in Portland. I can’t speak for the whole A&R crew, but personally I’d pay good money to see Michael Czysz on a Segway.