Submitted patent applications had suggested that Ferrari was exploring the possibility of producing a V-twin-engined motorcycle.
The company has, however, indicated that the design and illustrations contained within were to outline a specific configuration that could be used on a V-type engine with more than two cylinders.
Ferrari also moved to kill rumours of potential motorcycle plans at a recent press conference at the Paris motor show.
Images attached to the patent showed the engine installed in a cruiser-style motorcycle; Ferrari says that this was due to an outside consultant's previous involvement in motorcycles and their desire to communicate the technology in an easily understood fashion, using existing concepts.
The patent covered the specific design of an "internal combustion engine having two cylinders, which are arranged in a 'V' configuration."
Ferrari's patent also explored the vibrational forces in a V-twin engine and describes how the crankshaft could be balanced to negate them. Doing so would avoid the need to use balancing shafts, which have several drawbacks including packaging and weight compromises.
The production of a Ferrari motorcycle could allow Fiat Chrysler Automobiles (FCA) to capitalise on the vast commercial appeal of the Ferrari brand and offer an alternative to the likes of Italian motorcycle manufacturer Ducati.
Such a move would have correlated with Fiat CEO Sergio Marchionne's desire to maximise the use of the Ferrari brand to benefit the development and growth of FCA, helping solidify the group's position and financial standings.
Marchionne recently replaced Ferrari chairman Luca Cordero di Montezemolo, who resigned amid rumours of clashes with Marchionne about the future of Ferrari's road car division and his reluctance to exploit the brand.
The development may have been further motivated by Audi's ownership of Ducati, which places the motorcycle manufacturer close to key Ferrari rival Lamborghini – the performance and growth of which has been causing Ferrari some concern.
A trademark application for the name 'Cavallino' – Italian for pony – has also been submitted by Ferrari, with the documentation indicating it is for use on a vehicle. It is not clear if this is related to the project, however; Ferrari would not pass comment on the patent applications or trademarks.