The wristwatch that Frank is wearing is an Italian made watch (Swiss movement) named "Panerai" and is a "Luminor-Daylight" model.
Jason Statham is known as a Panerai lover (owns several). The model uses in The Transporter is a Panerai PAM74. The model used in the transporter 2 is a Panerai Luminor Chrono Daylight PAM196 (44 mm) with custom strap.