In a medium saucepan, combine the ketchup, mustard, Worcestershire sauce, garlic powder, and onion powder.

Heat the sauce over medium heat, stirring occasionally for about 5 minutes.

While the sauce simmers, preheat your grill or grill pan to medium-high heat.

Place the hotdogs on the grill and cook for about 7-10 minutes, turning occasionally.

During the last few minutes of grilling, place the hotdog buns on the grill.

Once the hotdogs are done, place each one in a toasted bun.

Spoon the warm sauce generously over each hotdog.

Plate the hotdogs and serve immediately.