The preparation process of brake gasket includes the following steps: preparing sisal fiber via cutting sisal into 10-20 mm long segment, soaking in anhydrous alcohol plus benzene solution, washing with anhydrous alcohol and deionized water, boiling in NaOH solution, cooling to room temperature, washing with deionized water to neutrality and stoving in stove; mixing sisal fiber, phonetic resin, copper powder, graphite powder, MoS2, pre-polymer, metal oxide, butadiene-acrylonitrile rubber, non-metal compound and barium sulfate in a high speed mixer to form mixture material; making blank with the mixture material; hot pressing the blank to form; and heat treatment at 190-200 deg.c. The present invention makes asbestos-free brake gasket with sisal fiber as reinforcing material, and the brake gasket has stable friction coefficient, less heat degradation, low wear, no couple wear, smooth braking, low noise and no environmental pollution.