Hello Spainlover! Welcome to the group!
Are you talking about the Plaza de Toros in Madrid? Nearly every city and town has a Plaza de Toros.
If we're talking about Plaza de Toros Las Ventas in Madrid it's (I believe) the second largest bullring in the world - the largest being in Mexico City. I'm not sure of the seating capacity of Madrid's Plaza de Toros, but maybe Antonio could tell you.
As for the cost, there are a VERY complicated seating system with about 100 different prices depending on how close you are to the ring, if you're in the sun-side, the shade-side, or if you're in the combination sun-and-shade.
You can view Madrid's Las Ventas website @
http://www.las-ventas.com (only in Spanish).
Bullfights last about 2.5 hours to 3 hours and there are 6 bulls and 3 matadors/toreros so each torero gets two bulls.
A waste of money? Depends on who you ask of course. Many people are dead-against it and others enjoy it. However you feel, it's certainly an experience!
For more information about this topic you can visit
http://www.mundo-taurino.org or alt.culture.bullfight newsgroup.
Hope you make it to Spain someday soon, Spainlover!
Saludos,
MadridMan
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