The invention belongs to the fields of a metal alloy and a preparation technology, in particular to a high-Fe-V-Si heat-resistant aluminum alloy material and a preparation method thereof. The material is prepared from the following components in percentage by weight: 13.00-15.00 percent of Fe, 1.35-2.45 percent of V, 2.35-3.45 percent of Si, 0.35-0.65 percent of Mn, 0.1-0.2 percent of Ce, 0.05-0.15 percent of Zr and the balance of Al. The preparation method comprises the following steps of: (1) designing the contents and accurately proportioning; (2) smelting, covering and refining; (3) jetting, depositing and preparing; and (4) extruding and processing. The high-Fe-V-Si heat-resistant aluminum alloy material manufactured by adopting the material of the invention and using the preparationmethod has the advantages of high iron-based compound volume fraction, high tissue compactness and small tissue and is beneficial to improving the subsequent forming processing property and improvingthe mechanical performance.