A configurable track segment for use in creating track layouts for toy vehicles is easily reconfigurable between three different configurations: having a male connector structure at one end thereof and a female connector structure at the other end thereof, having male connector structures at both ends thereof, and having female connector structures at both ends thereof. The configurable track segment includes a center piece and two end pieces. Each of the two end pieces has a male connector structure extending from one end thereof and a female connector structure formed at an opposite end thereof. The end pieces are attached to the center piece by link structures such that the end pieces may be rotated with respect to the center piece to present either the male or female connector structures thereof at the respective end of the track segment formed by the end piece.