Is Escape Velocity legal in Standard, Modern, and Commander?

Escape Velocity is legal in: Modern, Pioneer, Legacy, Vintage, Commander, Historic.

What type of card is Escape Velocity?

Escape Velocity is an Enchantment — Aura. Its oracle text reads: "Enchant creature Enchanted creature gets +1/+0 and has haste. Escape—{1}{R}, Exile two other cards from your graveyard. (You may cast this card from your graveyard for its escape cost.) *"Not even death can catch me now!"*"