"She deserves it way more than I do," the British musician told Rolling Stone. "I'd be embarrassed if I got it over her. If I got it, I'd give it to her."
Beyonce is Smith's hero. He's a member of the BeyHive -- the Beyonce fan group -- and has been known to sing "Drunk in Love" in the shower on Vine.
The "I'm Not the Only One" singer and Queen Bey are leading the Grammys race -- both with six nominations at the 57th annual awards show.
Find out who takes it home when the Grammys air live on Feb. 8 on CBS.