Preheat oven to 400ºF
Place oven safe baking rack on rimmed baking sheet, spray generously with nonstick. Lay bacon strips flat on rack. Bake for 10 minutes or until bacon is par cooked but still pliable. Let cool 5 minutes or until safe to handle.
Toss shrimp with oil, salt and pepper.
Wrap each shrimp with a piece of bacon. Secure using a toothpick then place onto rack and baking sheet.
Bake for 9-13 minutes or until shrimp are almost fully cooked. Flip half way through cook time to achieve crisp bacon on both sides.(time will vary depending on size of shrimp)
Mix melted butter, brown sugar and hot sauce. Brush mixture on top of each shrimp.
Broil on high 2 minutes or until shrimp are cooked through.
Sprinkle with freshly chopped parsley and serve.