Heat olive oil in large skillet over medium-high heat. Once oil is hot, add red bell pepper, onion and garlic. Cook for about 4 minutes or until the onion is translucent and garlic is fragrant. Transfer the vegetables to a bowl and set aside.
Cook ground turkey in same skillet over medium-high heat, season with salt and pepper and cook until the turkey is no longer pink.
In a small bowl, mix tomato sauce, barbecue sauce, Worcestershire, chili powder, tomato paste, cayenne pepper and a pinch of red pepper flakes until blended. Pour mixture into skillet with turkey.
Add vegetables to the skillet and stir to combine.
Reduce heat to medium-low and simmer 15 to 20 minutes. Adjust seasonings as necessary and serve.