I was wrong - the Selectric is a golf-ball mechanism, not
the older style of IBM electric typewriter. It doesn't have
the same kind of drive. Sorry for that.
Still, gunky bearings is still my best bet. Figure out what
turns fastest, and/or has greatest load, and lubricate it
well with light penetrating oil. Leave it a day or three to
soak, and if you can get the motor to run freely, leave it
running a while.
The only real problem with this is that light oil will wash
away the grease that's intended to keep the thing lubricated.
You should find a way to re-lube it properly.
Clifford Heath.