In mechanical or automotive engineering, a freewheel or overrunning clutch is a device in a transmission that disengages the driveshaft from the driven shaft when the driven shaft rotates faster than the driveshaft. An overdrive is sometimes mistakenly called a freewheel, but is otherwise unrelated.

The condition of a driven shaft spinning faster than its driveshaft exists in most bicycles when the rider stops pedaling. In a fixed-gear bicycle, without a freewheel, the rear wheel drives the pedals around.

An analogous condition exists in an automobile with a manual transmission going downhill, or any situation where the driver takes their foot off the gas pedal, closing the throttle: the wheels drive the engine, possibly at a higher RPM. In a two-stroke engine, this can be catastrophic—as many two stroke engines depend on a fuel/oil mixture for lubrication, a shortage of fuel to the engine starves oil from the cylinders, and the pistons can soon seize, causing extensive damage. Saab used a freewheel system in their two-stroke models for this reason and maintained it in the Saab 96 V4 and early Saab 99 for better fuel efficiency.