Cut tips off chicken wings (save tips for soup). Cut chicken wings in half at joint.
For marinade, blend Wish-Bone® Italian Dressing, preserves and hot pepper sauce. Pour 1/2 of the marinade over chicken wings in large, shallow nonaluminum baking dish or plastic bag; toss to coat. Cover, or close bag, and marinate in refrigerator, turning occasionally, 3 hours. Refrigerate remaining marinade.
Remove wings, discarding marinade. Grill or broil wings, turning once and brushing frequently with refrigerated marinade, until wings are done.