In a large saucepan, combine first 9 ingredients. Bring to a boil. Reduce heat; simmer, uncovered, 20-25 minutes or until slightly thickened, stirring occasionally.
Meanwhile, preheat oven to 325°. Set aside 3 cups of sauce for basting and serving.
Brush remaining sauce over ribs. Place bone side down on a rack in a large shallow roasting pan. Cover tightly with foil and bake 1-1/2 to 2 hours or until tender.
On a greased grill, cook ribs, covered, over medium heat 15-25 minutes or until browned, turning and brushing occasionally with some of the reserved sauce. Cut into serving-size pieces; serve with sauce.