The invention relates to a blue-excited red fluorescent material and a preparation method thereof, belonging to the field of luminescent materials. The blue-excited red fluorescent material has the following chemical expression: Ca1+d-x-mAmRxBi2Ta2-nBnO9:fC, wherein the R is selected from one or more rare earth elements of Pr, Sm, Eu and Lu; the A is selected from one or more than one of Sr, Ba, Mg, Zn and Cu; the B is selected from one or two of Nb and V; the S is selected from one or more than one of Li, Na, K, Ti, Ag, B, Al, Ga and In, the x is not less than 0.00001 and is not more than 0.1; the m is not less than 0 and is more than 0.99; the n is not less than 0 and is not more than 1.99; the d is not less than 0 and is not more than 0.1; and the f is not less than 0 and is not more than 0.1. The blue-excited red fluorescent material not only has the properties of piezoelectricity, ferroelectricity and dielectricity, but also has the characteristic of blue-excited red emission, belongs to a photoelectric multifunctional material and can be widely applied to the fields of white light LED (Light Emitting Diode), optoelectronic integration, micro electromechanics, photoelectric sense, and the like.