The invention belongs to the field of metal materials, and particularly relates to a V contained high-wear-resisting brake drum hot continuous rolling alloy steel plate and a production method thereof. The problem that an existing brake drum material is poor in material strength and wear resistance, and high in product cost is solved. According to the V contained high-wear-resisting brake drum hotcontinuous rolling alloy steel plate and the production method thereof, the steel plate comprises, by weight percent, 0.33 to 0.45% of C, 0.20 to 0.35% of Si, 0.50 to 0.75% of Mn, 1.00 to 1.15% of Cr, not larger than 0.018% of P, not larger than 0.008% of S, 0.25 to 0.35% of Mo, 0.10 to 0.20% of Ni, 0.12 to 0.18% of V, not larger than 0.015% of Ti and the balance Fe and inevitable impurities. During production, heating temperature and rolling temperature are strictly controlled, after finish rolling, laminar flow spare cooling is adopted, the obtained steel plate has the beneficial effects ofbeing good in mechanical property and high in wear resistance, the steel plate can be used in a brake drum, and the economic benefits are obvious.