B0264 Maserati Merak shows up when there's an electrical problem that causes the fuel volume regulator to malfunction and open. It's quite an unusual problem and likely intermittent. As you drive and when specific conditions are slowly met, the vapors will gradually purge from the charcoal canister and will get burned within your engine.
Possible Causes :
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If all testing has passed so far yet you still have the same code, check your scan tool and see if it can open and close the IMRC valve. With the valve disconnected, the red voltmeter lead should be attached to the IMRC valve power wire and the black voltmeter lead connected to ground.
Diagnostic trouble code B0264 Maserati Merak is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before B0264 Maserati Merak.
Fortunately, B0264 Maserati Merak is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.