P2761 Mercedes-benz W196 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. The PCM then uses this data to provide the right strategies for the fuel delivery and ignition timing of the engine.
Possible Causes :
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Check to make sure they are not burnt or corroded. If in doubt, get some Electrical Contact cleaner at any parts store if cleaning of the terminals is needed. 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. Replace the oxygen sensor that is downstream from the catalytic converter on the side of the engine that does not contain cylinder #1. Also, if a oxygen sensor code stating "heater circuit malfunction" the sensor has most probably failed.
Diagnostic trouble code P2761 Mercedes-benz W196 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 P2761 Mercedes-benz W196.
Fortunately, P2761 Mercedes-benz W196 is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.