Currently, Al-Li alloys have been widely concerned in the aerospace and other fields due to their excellent comprehensive mechanical properties. However, the limitation of the long thermomechanical treatment still needs further improvement. Therefore, for an Al-Li alloy with multiple strengthening phases, this work proposes a pre-strain and pre-aged hardening warm forming (PHF) process. In the process, the multiphase precipitation and phase transformation are regulated by macro-control of the pre-strain, pre-aging, and warm forming stages. It is discovered that the 2A97 Al-Li alloy, with "7% pre-strain + 80 °C/16 h pre-aging + 250 °C/10 min warm forming", exhibits the relatively optimal tensile/yield strength of 565.3 MPa/531.2 MPa. The addition of pre-strain facilitates the nucleation and precipitation of T