diff --git a/litellm/proxy/management_endpoints/team_endpoints.py b/litellm/proxy/management_endpoints/team_endpoints.py
index 633de86aa6e..8a112188d9a 100644
--- a/litellm/proxy/management_endpoints/team_endpoints.py
+++ b/litellm/proxy/management_endpoints/team_endpoints.py
@@ -3523,6 +3523,15 @@ async def list_team(
         prisma_client, _team_ids, user_id=user_id
     )
 
+    # Batch-fetch all keys for all teams in a single query instead of
+    # issuing one query per team (N+1 problem).
+    _all_keys = await prisma_client.db.litellm_verificationtoken.find_many(
+        where={"team_id": {"in": _team_ids}}
+    )
+    _keys_by_team: dict[str, list] = {}
+    for _key in _all_keys:
+        _keys_by_team.setdefault(_key.team_id, []).append(_key)
+
     returned_responses: List[TeamListResponseObject] = []
     for team in filtered_response:
         _team_memberships: List[LiteLLM_TeamMembership] = []
@@ -3530,10 +3539,7 @@ async def list_team(
             if tm.team_id == team.team_id:
                 _team_memberships.append(tm)
 
-        # add all keys that belong to the team
-        keys = await prisma_client.db.litellm_verificationtoken.find_many(
-            where={"team_id": team.team_id}
-        )
+        keys = _keys_by_team.get(team.team_id, [])
 
         try:
             returned_responses.append(
diff --git a/tests/test_litellm/proxy/management_endpoints/test_team_endpoints.py b/tests/test_litellm/proxy/management_endpoints/test_team_endpoints.py
index 4d949cfbe69..1aee1d49658 100644
--- a/tests/test_litellm/proxy/management_endpoints/test_team_endpoints.py
+++ b/tests/test_litellm/proxy/management_endpoints/test_team_endpoints.py
@@ -6091,3 +6091,69 @@ async def test_list_available_teams_returns_empty_list_when_none_configured():
         assert result == []
 
         litellm.default_internal_user_params = original
+
+
+@pytest.mark.asyncio
+async def test_list_team_v1_batches_key_queries():
+    """
+    Test that list_team fetches all keys in a single batched query
+    instead of issuing one query per team (N+1).
+    """
+    from unittest.mock import AsyncMock, MagicMock, Mock, patch
+
+    from fastapi import Request
+
+    from litellm.proxy._types import (
+        LiteLLM_TeamMembership,
+        LiteLLM_TeamTable,
+        LitellmUserRoles,
+        TeamListResponseObject,
+        UserAPIKeyAuth,
+    )
+    from litellm.proxy.management_endpoints.team_endpoints import list_team
+
+    mock_request = Mock(spec=Request)
+
+    mock_user_api_key_dict = UserAPIKeyAuth(
+        user_role=LitellmUserRoles.PROXY_ADMIN,
+        user_id="admin_user",
+    )
+
+    # Two teams
+    team1 = LiteLLM_TeamTable(team_id="team-1", team_alias="Team One")
+    team2 = LiteLLM_TeamTable(team_id="team-2", team_alias="Team Two")
+
+    # Mock keys belonging to different teams
+    key1 = MagicMock()
+    key1.team_id = "team-1"
+    key2 = MagicMock()
+    key2.team_id = "team-1"
+    key3 = MagicMock()
+    key3.team_id = "team-2"
+
+    with patch(
+        "litellm.proxy.proxy_server.prisma_client"
+    ) as mock_prisma_client, patch(
+        "litellm.proxy.management_endpoints.team_endpoints._authorize_and_filter_teams",
+        new_callable=AsyncMock,
+        return_value=[team1, team2],
+    ), patch(
+        "litellm.proxy.management_endpoints.team_endpoints.get_all_team_memberships",
+        new_callable=AsyncMock,
+        return_value=[],
+    ):
+        mock_find_many = AsyncMock(return_value=[key1, key2, key3])
+        mock_prisma_client.db.litellm_verificationtoken.find_many = mock_find_many
+
+        result = await list_team(
+            http_request=mock_request,
+            user_api_key_dict=mock_user_api_key_dict,
+        )
+
+        # Verify keys are correctly distributed
+        assert len(result) == 2
+        # Results are sorted by team_alias
+        assert result[0].team_id == "team-1"
+        assert result[0].keys == [key1, key2]
+        assert result[1].team_id == "team-2"
+        assert result[1].keys == [key3]