The invention relates to a connecting rod of a sewing machine and a preparation method thereof. The connecting rod is composed of a needle stem crankshaft bar, a needle bar column and a needle bar holding part and made of an aluminum alloy, wherein the aluminum alloy comprises, by weight, 6.2 to 7.0% of Si, 1.0 to 2.5% of Cu, 0.05 to 0.15% of Fe, 0.3 to 0.4% of Mg, 0.1 to 0.2% of Mn, 0.1 to 0.5% of Ni, 0.7 to 1.0% of Zn and 0.01 to 0.025% of Sc, with the balance being Al and unavoidable impurities. The preparation method comprises the following steps: fusing the above-mentioned metals and carrying out stirring and slag removal; then carrying out stamping and die casting so as to obtain blanks of the needle stem crankshaft bar, the needle bar column and the needle bar holding part; and finally, subjecting the blanks to post-treatment and carrying out assembling to obtain the connecting rod of the sewing machine. The connecting rod of the sewing machine has good strength, hardness, plasticity, toughness, wear resistance, elongation, tensile strength, etc. and high quality.