When you have a “ringside view” of an event, you have an excellent view of it. It is also possible to say “ringside seat”. *Sheel was sitting on the terrace and had a ringside view of the accident.
There are many idioms that come from the sport of boxing, and “ringside view” is one of them. The “ring” refers to a “boxing ring”. If during a boxing bout you are lucky enough to have a seat close to the ring, you can see all the action very clearly.