1 cup of ketchup
1 cup of vinegar
1/2 cup of corn syrup (can be replaced with 1/2 cup brown sugar and a couple of tablespoons of water)
2 teaspoons white sugar
1/2 teaspoon salt
1/4 teaspoon garlic powder
1/4 teaspoon onion powder
1/4 teaspoon of red Tabasco
Combine all ingredients in a saucepan over high heat. Stir until all ingredients are integrated.
When it starts to boil, reduce the heat and let it simmer without covering it.
In 30 to 45 minutes, when thickened, remove from heat. If you want it thicker leave it for a while longer. If it is very thick, add a little vinegar.