Pour oil into a Dutch oven and heat over medium-high heat.
Add ground beef and chorizo and brown. Drain.
Add diced onions and saute until tender. Add garlic and cook, stirring for about 1 minutes.
Add crushed tomatoes, Rotel, beans, chili powder, salt, pepper, sugar, cumin, water and beef broth. Bring to a boil and reduce heat to low. Simmer over medium-low heat for at least 1 hour.
Taste and adjust seasonings if needed. Serve with desired toppings.