Well, yes and no. Yes because the bulls used in Spanish bull fighting have been bred to fight to the death. No because these bulls, just like all other "normal" bulls on a farm or ranch, are used to breed cows.
I assume they sell the meat, but maybe they do something else with the bodies. Animal bodies are full of resources; the fats, oils, skin, hooves, and even teeth can be made profitable in some way.
If your talking about the Spanish bull fighting. Yes, they would chase the bull around the ring teasing it, and making it tired each horsemen or the men on foot will attempt to spear the bull. (These...
A spear or sword is driven down in between the bull's shoulder blades straight down to its heart. This is a much easier target to kill a bull than trying to drive the sword or spear into the back of...