A V-drive is a power transmission system for boats that consists (usually) of two gearboxes, two drive shafts, and a propeller.

Whereas the conventional arrangement sites the engine with its gearbox aft, driving the propeller shaft directly, in a "V-drive" layout, the engine is reversed, to have the gearbox in front. This primary gearbox typically drives a short shaft forward to a transfer gearbox which reverses the transmission to the main tailshaft which is directed rearwards the propeller, at a "V" angle to the short shaft.

A V-drive system variation is for the tailshaft to drive a saildrive propeller, mounted on a skeg below the hull. This is common on Lagoon catamarans.

A variation of the two-shaft V-Drive layout is the "close-coupled V-drive" whereby the engine is still mounted "back-to-front", but the main gearbox incorporates an output flange that has already been reversed. This system obviates the need for any short primary shaft.

Counter-intuitively, a V-drive system will not necessarily mean that the engine is sited further rearward; the whole engine/transmission may be sited forward than in a conventional arrangement.

V-drives are typically fitted to (i) sport motorboats or (ii) cruising yachts and catamarans. The pros and cons tend to be different for each type.

For sportboats, a V-drive may be an alternative to an inboard/outboard (I/O) drive. Here the V-drive will allow the engine to be moved further forwards and the propeller (& rudder) will be under the boat. This can give a flatter ride (getting the boat planing earlier), greater choice of propellers, and a safer stern access for swimmers.

For cruising yachts, the rationale of the V-drive installation may include: