Relating to the field of processing of auto parts, the invention discloses an automobile hub bearing sealing ring and a preparation method thereof. The automobile hub bearing sealing ring comprises: hydrogenated nitrile butadiene rubber, sulfur, an anti-aging agent, an activating agent, stearic acid, a lubricant, alumina powder, dibutyl phthalate, silica, a vulcanization accelerator, an acid-base balance agent, inorganic filler and other components. The finished product is obtained by the steps of material mixing, calendaring molding, first vulcanization, punching and edge removing, second vulcanization, finishing and inspection. The raw material formula has reasonable design, and the prepared sealing ring has excellent oil resistance, heat resistance, cold resistance, corrosion resistance, tensile resistance, tear resistance and compressibility, and long service life.