A treadmill lubrication system and method is provided. In a preferred embodiment, the lubrication system comprises a spray bottle with a nozzle including an extended tube through which a silicone-based lubricant may be sprayed. The extended tube of the nozzle is designed to be inserted underneath the belt of a treadmill with the tube having a length sufficient to reach the treadmill components that require lubrication. The extended tube is preferably constructed from a material that provides enough rigidity to prevent significant bending and/or kinking of the tube, while still allowing for enough flexibility that the tube can be inserted underneath the belt of a treadmill without breaking or snapping in half.