The bullfighter, 'El Remonta', was hit with the fine after failing to finish off two so-called novillos — or second-grade bulls — at the Cogollos de Guadix event in Andalusia.
The event had begun badly with two novice bullfighters injured.
One, Emilio Molina, suffered a fractured wrist while also taking a general battering. His companion, Jiménez López, came off with a fractured elbow and a dislocated shoulder.
El Remontada then declared himself unwell, nauseous and unfit for bullfighting.
As a result he will be fined a €3,200 by bullfighting authorities.
Spain's Mundotoro website, meanwhile, was heavily critical of what it called a "tragic" event.
The website criticized the use of bulls which could have been used in a "first grade" bullfighting event, and clearly weren't appropriate for an event featuring novice bullfighters.
Readers comments on Spain's Prensataurina wesbite also took aim at the businesses and bull breeders involved in the local event.
One commentator said organizers were scapegoating El Remontada and that the breeder of the bulls used should be investigated.