To prepare marinade, blend all ingredients except beef in small bowl.
Place beef and marinade mixture in resealable plastic bag. Turn meat to coat; seal. Refrigerate 8 hours or overnight, turning occasionally.
Heat grill to medium-high direct heat. Place beef on grill. Grill covered 5 to 7 minutes per side or to desired doneness. Let stand loosely covered 5 minutes before slicing. Cut across grain into thin strips to serve.
*Marinate time extra
**Use caution when handling hot peppers. Wear disposable gloves or wash hands thoroughly in hot, soapy water.
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