Wheel
Old English hwēol (noun), of Germanic origin, from an Indo-European root shared by Sanskrit cakra ‘wheel, circle’ and Greek kuklos ‘circle’.
wiktionary
From Middle English whele, from Old English hwēogol, hwēol, from Proto-Germanic *hwehwlą, *hweulō (compare West Frisian tsjil, Dutch wiel, Danish hjul), from Proto-Indo-European *kʷekʷlóm, *kʷékʷlos, *kʷékʷléh₂ (compare Tocharian B kokale(“cart, wagon”), Ancient Greek κύκλος(kúklos, “cycle, wheel”), Avestan 𐬗𐬀𐬑𐬭𐬀 (caxra), Sanskrit चक्र(cakrá)), reduplication of *kʷel-(“to turn”) and a suffix (literally "(the thing that) turns and turns"; compare Latin colō(“to till, cultivate”), Tocharian A and Tocharian B käl-(“to bear; bring”), Ancient Greek πέλω(pélō, “to come into existence, become”), Old Church Slavonic коло(kolo, “wheel”), Albanian sjell(“to bring, carry, turn around”), Avestan 𐬗𐬀𐬭𐬀𐬌𐬙𐬌 (caraiti, “it circulates”), Sanskrit चरति(cárati, “it moves, wanders”)). Doublet of charkha, Ku Klux Klan, cycle, and chakra.
etymonline
wheel (n.)
Old English hweol, hweogol "wheel," from Proto-Germanic *hwewlaz (source also of Old Norse hvel, Old Swedish hiughl, Old Frisian hwel, Middle Dutch weel), from PIE *kw(e)-kwl-o- "wheel, circle," suffixed, reduplicated form of root *kwel- (1) "revolve, move round; sojourn, dwell."
Figurative sense is early 14c. Wheel of fortune attested from early 15c. Slang wheels "a car" is recorded from 1959. Wheeler-dealer is from 1954, a rhyming elaboration of dealer.
wheel (v.)
"to turn like a wheel," c. 1200, from wheel (n.); transitive sense attested from late 14c. Related: Wheeled; wheeling.