Hypereutectic prealloyed Al-20wt.%Si powders were prepared by the gas atomization process. Characteristics of the atomized Al-Si powders were investigated. With increasing gas pressure of the atomization, the average powder size and oxygen content decreased. Primary Si particles in the as-atomized powders were about 8-10 ㎛. Sintering behavior of the atomized Al-Si powders was discussed with sintering temperature. As-atomized powders were hot-pressed and extruded into a cylindrical shape. 96-99% of theoretical density was achieved by the hot consolidation. Microstructure changes as well as hardness and tensile properties of the samples were evaluated in this paper.