Is Wheel of Fate legal in Standard, Modern, and Commander?

Wheel of Fate is legal in: Modern, Legacy, Vintage, Commander.

Wheel of Fate

Q: What type of card is Wheel of Fate?

Wheel of Fate is a Sorcery. Its oracle text reads: "Suspend 4—{1}{R} (Rather than cast this card from your hand, pay {1}{R} and exile it with four time counters on it. At the beginning of your upkeep, remove a time counter. When the last is removed, you may cast it without paying its mana cost.) Each player discards their hand, then draws seven cards."

Sorcery

Suspend 4— (Rather than cast this card from your hand, pay and exile it with four time counters on it. At the beginning of your upkeep, remove a time counter. When the last is removed, you may cast it without paying its mana cost.)