Situated in the Guindalera quarter of the district of Salamanca, it was inaugurated on June 17, 1931.
It has a seating capacity of 25,000 and is regarded as the home of bullfighting in Spain.
The price of seats depends upon how close they are to the arena and whether they are in the sun or the shade (seats in the shade are more expensive).
The bullfighting season starts in March and ends in October, bullfights are held every day during the San Isidro Fiesta, and every Sunday or holiday during the season.
Bullfights start at 6pm or 7pm and last for 2-3 hours.
From 1913-1920 the national passion gained such an important status that Madrid’s former main bullring in Carretera de Aragon was not big enough, and so the Las Ventas bullring was built.
The construction of the bullring would cost 4.5 million euros.
The Las Ventas bullring is also used as a concert venue, a theatre, a tennis court and it also hosted the Red Bull X Fighters FMX since 2002.