The invention discloses a strontium-containing composite piston material. The strontium-containing composite piston material comprises, by weight part, 11-15 parts of silicon powder, 0.5-0.8 part of magnesium powder, 0.05-0.09 part of titanium powder, 0.2-0.7 part of strontium powder, 8-12 parts of silicon carbide powder, 5-7 parts of molybdenum disulfide, 0.3-0.6 part of hafnium powder and 75-85parts of aluminum powder. The invention further discloses a preparation method of the strontium-containing composite piston material. The preparation method comprises the steps of 1, weighing raw materials; 2, conducting ball milling, sieving and mixing on the silicon powder, the magnesium powder, the titanium powder, the strontium powder, the hafnium powder and the aluminum powder; 3, conductingheating and heat preservation on the silicon carbide powder, and making the silicon carbide powder react with oxygen completely, so that silicon dioxide is formed on a surface layer; and 4, conductingheating, degassing and heat preservation on the mixed raw materials, then lowering the temperature, subsequently adding the molybdenum disulfide and silicon carbide, and conducting stirring. According to the strontium-containing composite piston material and the preparation method thereof, alloy elements which produce great influence on the high temperature performance and the wear resistance areadded according to certain ratios, and the mixing ratios are adjusted, so that the high temperature strength and wear resistance of the material are improved.