وَكَذَلِكَ مَنْ حَضَرَ الْعِيدَ فَخَافَ إِنِ اشْتَغَلَ بِالطَّهَارَةِ أَنْ تَفُوتَهُ الْعِيدُ.
Meaning: The same applies to someone attending Eid who fears that completing purification would cause him to miss Eid prayer.
The concession concerns losing the distinctive Eid congregation, not a general permission to bypass wudu whenever a person is late.